indirectapproach Posted June 30, 2009 Share Posted June 30, 2009 Do markets go down in a straight line? Quote Link to comment Share on other sites More sharing options...
Guillotine Posted June 30, 2009 Share Posted June 30, 2009 who didn't know that the government were lying and that we were already in recession b efore it was admited?the only thing that amazes me is that none of the media have used the figures as proof that the government were lying rather than acting shocked. Exactly richy. It was only last Autumn that Brown was finally admitting that it looked like the economy might decline. We were ALREADY in recession following the eventual revision of Q208 from 0.0% (you gotta laugh). His reputation being shredded when the protective cloak of the premiership is taken away form him. Quote Link to comment Share on other sites More sharing options...
indirectapproach Posted June 30, 2009 Share Posted June 30, 2009 On the issue of complex systems repeating themselves we should all be aware that they, of course, do not always. Example: equities. The FTSE 100 peaked whenever at 7000, fell back to 3500 and then should have recouped the 7000 level and bounced merrily on from there. It didn't. FTSE 100 got to 6700 and then fell away. And it fell away to the South, which suggests the underlying, inherent, fundamental pressures at work now are South side. The good thing is that anyone who wants to take a North bet can because there is still some freedom out there. The freedom to get it wrong, which is perhaps the greatest freedom of all. I would add, that I try very hard to keep my interests unvested. By that I mean I would be perfectly happy to take a North bet on real estate if I could see any good reason for doing so. It's just I can't at the moment. And why do I bother posting all this drivel? Well, maybe someone is going to come up with that good reason why I should change my bet from South to North. I'm all ears. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted June 30, 2009 Share Posted June 30, 2009 Well, maybe someone is going to come up with that good reason why I should change my bet from South to North.I'm all ears. Debt is wealth. It's all you need to know. You have been educated now change your bet before you lose it all. Quote Link to comment Share on other sites More sharing options...
pete.hpc Posted June 30, 2009 Share Posted June 30, 2009 If this is the greatest contraction since 1958, but prices are £6k up from the trough in February, what will happen to prices when we come out of recession? But they're down 15-20% since 2007? What's your point? You're dumb as a box of dildos Columbo Please don't disappear again when the figures turn against you, at least we're all big enough to stick around when the figures aren't in our favour Have the ******** to do the same you ramping little twerp Quote Link to comment Share on other sites More sharing options...
indirectapproach Posted June 30, 2009 Share Posted June 30, 2009 And all the bulls have slunk off like the bereft of data f*ckwits that they are. Quote Link to comment Share on other sites More sharing options...
Ash4781 Posted June 30, 2009 Share Posted June 30, 2009 (edited) We've been in recession a year ? Edited June 30, 2009 by Ash4781 Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted June 30, 2009 Share Posted June 30, 2009 We've been in recession a year ? Why the long face? The recovery is here, think positive and everything will be OK. You just need dose of happy clappy and you'll be fine and never question anything ever again. Quote Link to comment Share on other sites More sharing options...
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