Jump to content
House Price Crash Forum
Sign in to follow this  

"pay(ing) For The Incompetence Of Bubbleheads"

Recommended Posts



Note that Deutsche Bank’s China team says the Chinese economy is “close to the cusp of the second down leg of a forecast `W’ on the back of tightening lending and slowing stimulus spending,†according to the bank’s latest report `Still Wary of Global Cyclicals’.

We are all longing to be bulls again, but we (Mankind, especially the West) have a long hard slog ahead to work off our debt depravities.


The only way to stop this madness is to get those with cash to start spending again. Best way to do this is,

1)Threaten to reduce the real value of cash held, and

2) Actually reduce the real value of cash held if the threat isnt taken seriously.

The UK has certainly had a pretty good go at QE, but as Ambrose says, nothing like enough. We need to print big time, and use that cash not to buy gilts, but to feed through and directly employ the growing numbers of unemployed.

vs "Kaitain";

“it will also make those with cash nervous about not spending what they have.â€

It’s hilarious that you tacitly treat the holders of cash as the villains. Oh, those evil savers, who refused to buy houses at 10x salary. I bet they were twirling their moustaches back in 1999 by refusing to buy dot com shares at a zillion dollars each.

I am so fed up with having to pay for the incompetence of bubbleheads. It’s like being in an iterated prisoner’s dilemma with an orally fixated toddler.

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 395 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.