16bit Posted August 13, 2009 Share Posted August 13, 2009 (edited) 32% off and I STR'd at the peak....you too + rent money... No rent money for me, AND no council tax Only a fool would 'invest' in UK property. You'll see. Edited August 13, 2009 by Craig77 Quote Link to comment Share on other sites More sharing options...
yellerkat Posted August 13, 2009 Share Posted August 13, 2009 No rent money for me, AND no council tax Are you in prison? Quote Link to comment Share on other sites More sharing options...
16bit Posted August 13, 2009 Share Posted August 13, 2009 Are you in prison? Nope. But if I was I'd probably have a better life than your average UK "home owner" Quote Link to comment Share on other sites More sharing options...
Guest Daddy Bear Posted August 13, 2009 Share Posted August 13, 2009 No rent money for me, AND no council tax Only a fool would 'invest' in UK property. You'll see. post Dec 20 2007, 03:41 PM Post #1 Craig77 2007According to one of my friends who works for a very large bank, rates for savers will begin to soar from next year. When I asked him why, he said "for the same reason houses soared in price. First it was the dot com, then it was houses, next it will be cash". Could it be that anyone who has savings might just be the next "scum" laugh.gif He says he doesn't know exactly what the rate would be, except it would be significantly above any base rate, hinting at 20% at least You live with your mum and dad don't you? Quote Link to comment Share on other sites More sharing options...
brucespanner Posted August 13, 2009 Share Posted August 13, 2009 I thought the recession was now over in the Eurozone. We are just being fed wall to wall B*llshit at the moment by politicians, economists and the media. We just had the biggest credit bubble in history Followed by the biggest bank bail outs in History And when the Sh*t finally hits the fan we are going to have the worst depression in History IMO. Hahaha! If I had a penny for everytime Id seen that on HPC. NEWSFLASH! The sh=t has hit the fan, action was taken. The recession is over, done, kaput. Its a long road back but the worst is behind us. Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted August 13, 2009 Share Posted August 13, 2009 Try commodities or UK housing Quote Link to comment Share on other sites More sharing options...
?...! Posted August 13, 2009 Share Posted August 13, 2009 (edited) So why is oil rising now to $70? Because it fell to $35 and it costs approx $60/bbl to meet the margin of an 85mbpd demand. Why are global stock markets rising? Because they fell to lows, following a liquidity vacuum. Why are nearly all commodity prices rising? See above. Why is lending increasing again in UK mortgage market? Because they fell to lows, following a liquidity vacuum. Why have the Halliwide indicies been showing rises in UK property for last few months? Halliwide are lending out our children's income taxes in place of our grandparents savings. Why is Germany and France officially out of recession? Their economies have stopped contracting Why are UK retail sales still very high? They are not 'very high' they are benign Why is Gold on the verge of an all time high? It's going up? Why are the US$ and UK £ on a downward trend They both endure trade deficits. Why are prices rising on most things that I buy in the shops rising? Your ability to shop correlates with your ability to phrase a sentence. Why are withdrawls from banks and building societies at record highs? Huh? It all seems very strange...... WHY? It's late. Edited August 13, 2009 by ?...! Quote Link to comment Share on other sites More sharing options...
R K Posted August 14, 2009 Share Posted August 14, 2009 so it IS a VW shaped recession you heard it here on HPC first http://www.housepricecrash.co.uk/forum/ind...t&p=2076844 even before Deutsche Bank! Plagiarist bastards!! Can I sue? Quote Link to comment Share on other sites More sharing options...
eric pebble Posted August 14, 2009 Share Posted August 14, 2009 Plagiarist bastards!!Can I sue? Quote Link to comment Share on other sites More sharing options...
Dubai Posted August 14, 2009 Share Posted August 14, 2009 It's all distracting theatre. And I haven't even had a spliff.... Quote Link to comment Share on other sites More sharing options...
Patfig Posted August 14, 2009 Share Posted August 14, 2009 Sherlock Holmes is alive? Aha, Moriarty Quote Link to comment Share on other sites More sharing options...
MississippiJohnHurt Posted August 14, 2009 Share Posted August 14, 2009 So why is oil rising now to $70?Why are global stockmarkets rising? Why are nearly all commodity prices rising? Why is lending increasing again in UK mortgage market? Why have the Halliwide indices been showing rises in UK property for last few months? Why is Germany and France officially out of recession? Why are UK retail sales still very high? Why is Gold on the verge of an all time high? Why are the US$ and UK £ on a downward trend Why are prices rising on most things that I buy in the shops rising? Why are withdrawls from banks and building societies at record highs? It all seems very strange...... WHY? Government debt bounce? And a pretty sickly one at that. There are many more steps between what you describe and all out hyperinflation. IMO more likely that this brief bounce/stabilisation will be followed by another crash across most asset classes Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted August 14, 2009 Share Posted August 14, 2009 There seems to be a glut of economists trying to predict the next armageddon now. - It hurts when people ask why didn't you see the last one - so now they are going to err on the side of caution. He's even predicting more than any other economist - a triple dip. Maybe even write a book. Just in case he loses his job? Quote Link to comment Share on other sites More sharing options...
1929crash Posted August 14, 2009 Share Posted August 14, 2009 There seems to be a glut of economists trying to predict the next armageddon now. - It hurts when people ask why didn't you see the last one - so now they are going to err on the side of caution. He's even predicting more than any other economist - a triple dip. Maybe even write a book. They still tend to avoid off-the-radar topics like peak oil, however. Quote Link to comment Share on other sites More sharing options...
Timm Posted August 14, 2009 Share Posted August 14, 2009 (edited) so it IS a VW shaped recession you heard it here on HPC first http://www.housepricecrash.co.uk/forum/ind...t&p=2076844 even before Deutsche Bank! Edit: Well, I'm pretty sure I'm the first to call a triple dip. http://www.housepricecrash.co.uk/forum/ind...t&p=2076283 Edited August 14, 2009 by Timm Quote Link to comment Share on other sites More sharing options...
R K Posted August 14, 2009 Share Posted August 14, 2009 (edited) Edit:Well, I'm pretty sure I'm the first to call a triple dip. http://www.housepricecrash.co.uk/forum/ind...t&p=2076283 You have it Timm - I'm not proud. Team effort and all that............ Edit: (Although I think you'll find I am the first to assign it a logo and brand Edited August 14, 2009 by For no one Quote Link to comment Share on other sites More sharing options...
Timm Posted August 14, 2009 Share Posted August 14, 2009 You have it Timm - I'm not proud. Team effort and all that............ Edit: (Although I think you'll find I am the first to assign it a logo and brand Yes indeed. Marketing never was my strong point. Quote Link to comment Share on other sites More sharing options...
eric pebble Posted August 14, 2009 Share Posted August 14, 2009 Edit:Well, I'm pretty sure I'm the first to call a triple dip. http://www.housepricecrash.co.uk/forum/ind...t&p=2076283 Nah. A y-shaped dip more like. Quote Link to comment Share on other sites More sharing options...
Meerkat Posted August 14, 2009 Share Posted August 14, 2009 And people really want to be in cash in 2010 ? It sends a shiver down my spine. Try this one (suggested as a read by Hotairmail in another thread): http://www.zerohedge.com/sites/default/fil...et%20Falacy.pdf You may find some credible facts as regards "where the money is coming from" Quote Link to comment Share on other sites More sharing options...
Guest Daddy Bear Posted August 14, 2009 Share Posted August 14, 2009 Try this one (suggested as a read by Hotairmail in another thread): http://www.zerohedge.com/sites/default/fil...et%20Falacy.pdf You may find some credible facts as regards "where the money is coming from" interesting read - i had not read it - thanks. Totally agree with what the author is saying regards this illusory bull market. It is an illusion and that is why there is only one way out. and not a nice way at that. have a look here: http://www.housepricecrash.co.uk/forum/ind...howtopic=121543 Quote Link to comment Share on other sites More sharing options...
eric pebble Posted August 14, 2009 Share Posted August 14, 2009 interesting read - i had not read it - thanks.Totally agree with what the author is saying regards this illusory bull market. It is an illusion and that is why there is only one way out. and not a nice way at that. have a look here: http://www.housepricecrash.co.uk/forum/ind...howtopic=121543 Illusion - by the Deluded.... Quote Link to comment Share on other sites More sharing options...
Dave Spart Posted August 14, 2009 Share Posted August 14, 2009 so it IS a VW shaped recession you heard it here on HPC first http://www.housepricecrash.co.uk/forum/ind...t&p=2076844 even before Deutsche Bank! VI shaped, I think (with the I bit pointing vertically downwards) Quote Link to comment Share on other sites More sharing options...
eric pebble Posted August 15, 2009 Share Posted August 15, 2009 VI shaped, I think (with the I bit pointing vertically downwards) They're trying to fool us out here - but they ain't succeeding... THINGS ARE DIRE..... Quote Link to comment Share on other sites More sharing options...
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