ParticleMan Posted May 30, 2009 Share Posted May 30, 2009 One thing I should mention here:You inflationists will see the coming period (slowdown in the decline in house prices and GDP, plus a bounce in sentiment) as being proved right - you (and the BTL community - what's left of it) will be wrong - it will only be temporary relief. This is only the first wave. ... and indeed, here we are. http://news.bbc.co.uk/1/hi/business/8074014.stm Gross domestic product (GDP) declined by an annual rate of 5.7% in the first quarter, less than the 6.1% that had been estimated in April.It also turned out that corporate profits after taxes had risen by 1.1% over the period. This is the first time corporate profits had risen for a year. Quote Link to comment Share on other sites More sharing options...
council dweller Posted May 30, 2009 Share Posted May 30, 2009 As a by-stander with no particular VI, that's how it looks to me. That there big wave is still coming on. Quote Link to comment Share on other sites More sharing options...
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