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crash 2005

Boe Mpc Knows A Crash Is Coming

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they have reduced rates as they don't want to be seen as doing nothing in this time of economic stagnation.

at least Gordon brown can't blame the MPC so easily now for any downturn.

nothing will stop this recession happening.

rates will be back up by winter due to americas rates increasing, pound sliding etc...

unemployment is rising

No ftb'ers, its not the rates that are the big killer this time round, its the huge amount of money you need to borrow to buy these overvalued houses.

That why repossessions and backruptcies are on the increase, and all this with a backdrop of historically low interest rates

not looking very rosy really

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This got me think if they know that a crash is coming and there's nothing they can do then the best thing is to boost other sectors such as business,

We've discussed the fact that lowering IR's will not stop the crash, and most of us thought they would hold or lower

So best thing to do is lower IR's to help business suvive any economic downturn.

still if

china makes a move on dollar

or

inflation creeps up

or

Pound falls

then I think it will back up soon

Edited by Kam

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China has already started its move on the dollar with the weeking of the link between the yuan and dollar. They no longer need to buy America's debt! That means the dollar will fall, and it already is. Not off a cliff yet, but it is sinking and faster than our very own pound, hence the pound is up against the dollar.

Dosen't say much for the dollar if it is weeker than the pound right now, does it?

If China starts to dump dollars in the near future, just watch the dollar drop. The fed will need to raise rates to protect their currancy. Probably kick of just after Greenspan retires, if he's lucky!

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China has already started its move on the dollar with the weeking of the link between the yuan and dollar. They no longer need to buy America's debt! That means the dollar will fall, and it already is. Not off a cliff yet, but it is sinking and faster than our very own pound, hence the pound is up against the dollar.

Dosen't say much for the dollar if it is weeker than the pound right now, does it?

If China starts to dump dollars in the near future, just watch the dollar drop. The fed will need to raise rates to protect their currancy. Probably kick of just after Greenspan retires, if he's lucky!

The dollar drops = Interest Rates Rise in the US

Interest Rise in the US = The Pound Drops

The Pound Drops = Import Inflation

Inflation = Well Gord's "we love inflation"

Theres only one way for the rate of interest in the UK

As "YAZZ" sang "the only way is up baby" :lol:

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laughed today with that cut. Whats the point? They need to raise rates to cap spending not lower them. We're a nation in massive debt. High house prices do not benefit anyone apart from oldies downsizing. Lie-to-bet muppets have bought property that young people would possibly buy. Why dont the government regulate it?

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  • 302 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%



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