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House Price Crash Forum


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Everything posted by nowthenagain

  1. You undermine your point by not using a spell check.
  2. It is human nature to always grow. It is the way every living thing works. We can't 'reach equilibrium' or stabilise, it is impossible. Every living thing grows until it is so big that it eats itself.
  3. It wasn't an problem until the Tories came in and trashed the economy. See above for what the general populus will think come election time in the Autumn. You wait 13 years and then it falls apart so quickly. Shame.
  4. Crazy idea but why not reduce the deficit by raising tax? Rather than slashing spending across the board, so dumping the country into recession? This is the question you will hear much more of in coming weeks. Ed Balls will have a field day. It was the property owning middle classes whose avarice created this mess and it should be them who suffer the pain.
  5. I run a retail business and I wholeheartedly agree. There has been no plan by the Torys bar slashing spending. It's an ideological crusade not an economic policy. Slash and hope.
  6. So we're back in recession? Says a lot for Tory economic competence. There's going to be the need for a huge U turn on cuts and sadistic deficit slashing.
  7. About $1380, so not quite the top but I hope that it turns out to be very close.
  8. For what it's worth I sold all the gold I bought in 2006 two weeks ago. Profit was about 250%. My rationale was less a gold price crash (although that is inevitable) but more rising Sterling.
  9. Great budget from Darling. Will no doubt provide a boost to Labour. The proof is in the numbers that the Brown/Darling plan is working. Camerons rant was pathetic. If you've got no good answer then just rant loudly. You could tell during the budget itself that Dave and that Osborne twit were worried, it was written all over their chubby little faces. I predict that a poll will have shown a Labour lead by the end of the weekend.
  10. If tomorrow does turn black in the United States then it'll make for an interesting day watching their media. Black Friday is traditionally the day when they glory in the purchasing of the usual junk for Xmas. US breakfast TV will be full of 'Black Friday' (go buy more junk proles) spin in the morning, only for the realisation that they have inadvertently prophecised something horrific to dawn on them once markets open. I'll find it funny anyway.
  11. I reckon it's 100% certain to be Black Friday when the US reopens after thanksgiving. What do you all reckon?!
  13. Wherever the printing presses are located. In all seriousness, I've been selling stocks over the past week. This bs can't last. The fundamental news is generally bad, people are still losing jobs. Once the nights start drawing in then...
  14. Minos, you're wrong. Labour have a fantastic chance. There has been no fire on Dave and chums for a long time. It's all being held back. Wait and see. The podgy faced coke-whore fiend is going to get flattened.
  15. This bunch of Tories are more vacuous, more pompous, and more out of touch with the British electorate than any since the 19th Century. When it comes to the electoral crunch, people vote either for a strongman or someone they can empathise with. These Tories are neither. It's ironic the number of Tory supporters on this forum. If the good times rolled on, if we were all quaffing champagne and snorting about our money whilst snorting cocaine off the breasts of a Polish plumber's wife, then the Tories would no doubt romp home. Many more of us would have something in common with Dave and George. The harder things get, the more likely we are to see Labour back. And thank God for that.
  16. If the queue is more than a couple of people deep and the shop doesn't seem to give a damn about me waiting then I dump stuff all the time. Have done for years. If you don't make the point then things will never improve.
  17. Brown, and the rest of the world, have used up all their bullets. Yes, it's 'worked' for now (if 12% YoY falls is working) but if this rescue doesn't return the wider economy to prosperity then it will be a brief respite. The true meat of this mess is yet to come.
  18. Living off savings, contemplating doing 3 months in South East Asia very soon. Closed down my company last month after 9 years. There are a serious number of people who would never countenance signing on until they absolutely need it. Let's just hope this recession is short, eh!
  19. This is the problem. We cannot see the future but presume we can. It is irrelevant what you 'can see' causing a future war because it is almost certain that the cause will be unexpected. In 1928 how many people could have forseen a war within 11 years that would encompass the globe and see a series of new and inventive ways of destroying things? Blitzkrieg, jet planes, missiles, nuclear bombs. It'll happen when we least expect it. It always does! Best bet is going with the flow. Use the oil now whilst we are in a position to enjoy it!
  20. Oil has been used by humans for about 100 years. Humans have been around for ?10000s, ?100000s of years. What makes you think the current human oil use is not a very temporary fad that will be reversed before oil reserves are depleted? New technology, global plague, mass war are all very plausible outcomes for our near future that would drastically reduce or even eradicate oil usage. I contend that either of the three outcomes above are more likely than our present society continuing ad-infinitum and seriously denting total oil reserves (which are an unknown very large number anyway).
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