Pluto Posted September 30, 2005 Share Posted September 30, 2005 " 'The lack of forced sales has helped the market to remain steady, but so too has the relatively robust state of the macroeconomy, particularly the labour market,' said Fionnuala Earley, Nationwide's group" The only thing keeping the prop. market up right now - this will change soon. Quote Link to comment Share on other sites More sharing options...
Timmy Manson Posted September 30, 2005 Share Posted September 30, 2005 " 'The lack of forced sales has helped the market to remain steady, but so too has the relatively robust state of the macroeconomy, particularly the labour market,' said Fionnuala Earley, Nationwide's group"The only thing keeping the prop. market up right now - this will change soon. I think Ms Earley may need to go back to University if she thinks that the macroeconomy of the UK is 'robust'. Also I wouldn't describe a labour market in which uneployment has risen for 7 months in a row robust either. Why is it that the cr*p that these VI mouthpieces spout is never challenged? Quote Link to comment Share on other sites More sharing options...
Bullish Bear Posted September 30, 2005 Share Posted September 30, 2005 http://news.bbc.co.uk/1/hi/business/4289768.stm Nearly 400,000 CCJs were issued in England and Wales, 140,000 more than in the first six months of last year. Malcolm Hurlston, chairman of the Registry Trust, which collates CCJ figures, said the rise was "clear proof of a deteriorating economy". Quote Link to comment Share on other sites More sharing options...
Dicky Posted September 30, 2005 Share Posted September 30, 2005 A weasily guy on Working Lunch said the economy was in "rude health" today (barring retail of course).It will be a mystery to him why he is fired in two years. He's in for a rude shock then. Quote Link to comment Share on other sites More sharing options...
BandWagon Posted September 30, 2005 Share Posted September 30, 2005 During a recession people will drop discretionary spending. So goodbye holidays, dvd's, new car, clothes etc. Hello beans on toast and frugal living. But they will continue to pay the mortgage at any cost, giving up the house is the last option. Until they lose their job. Then all hell breaks loose. We're about one year away from there. Quote Link to comment Share on other sites More sharing options...
sp1 Posted September 30, 2005 Share Posted September 30, 2005 Why is it that the cr*p that these VI mouthpieces spout is never challenged? Beacuse it is inthe bussiness interest of the of the globalist who own the media Quote Link to comment Share on other sites More sharing options...
BandWagon Posted September 30, 2005 Share Posted September 30, 2005 Why is it that the cr*p that these VI mouthpieces spout is never challenged? Because they don't want to bite the hand that feeds. Your average paper would be nothing without the advertising revenue from Banks and other financial services. Quote Link to comment Share on other sites More sharing options...
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