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SleepyHead

Four Unstable Pillars

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Is this David Cameron's "no more boom and bust" moment? As with Gordon Brown, he's done exactly the opposite.

The Four Unstable Pillars - So what's changed Mr. Cameron?

http://www.youtube.com/watch?v=vRQjdvHJwQw

Piece on Sky a few days ago said HTB could end up having "a negligible" effect on the housing market. HTB is all bluff IMO, they know rates are going up soon.

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Piece on Sky a few days ago said HTB could end up having "a negligible" effect on the housing market. HTB is all bluff IMO, they know rates are going up soon.

what he needs is a bloody good war to fight....Im sure there'll be one along in a minute

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Piece on Sky a few days ago said HTB could end up having "a negligible" effect on the housing market. HTB is all bluff IMO, they know rates are going up soon.

I hope so.

Perhaps the recent spike in long term bond yields will push mortgage rates up, and cancel out the Help2Buy effect.

Still a totally counter productive policy. The government needs to embrace lower housing costs, as it in turn makes lower cost workers that can compete in the world jobs market.

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I hope so.

Perhaps the recent spike in long term bond yields will push mortgage rates up, and cancel out the Help2Buy effect.

Still a totally counter productive policy. The government needs to embrace lower housing costs, as it in turn makes lower cost workers that can compete in the world jobs market.

I honestly thought they would do that when they came to power as it was so obvious ,they also had the ideal opportunity to pass the buck by saying it was labour's mess

It just goes to show how wrong one can be

BTW to the op you may well be right cant beat em join em

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Perhaps they've been reading threads on HPC?

Threads?...wasnt that about a nuclear war?....I said there'd be one along in a minute..

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what he needs is a bloody good war to fight....Im sure there'll be one along in a minute

CAREFUL WHAT YOU WISH FOR, THE ONE THAT'S BREWING IS RATHER MORE SERIOUS THAN THE POLITICIANS WOULD LIKE TO ADMIT TO.

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CAREFUL WHAT YOU WISH FOR, THE ONE THAT'S BREWING IS RATHER MORE SERIOUS THAN THE POLITICIANS WOULD LIKE TO ADMIT TO.

Indeed.

Obama has talked himself in a position where he can't back down without looking like a cissy.

The Russians can't back down without looking like tired old has-beens.

That's the kind of stupid crap that starts world wars.

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CAREFUL WHAT YOU WISH FOR, THE ONE THAT'S BREWING IS RATHER MORE SERIOUS THAN THE POLITICIANS WOULD LIKE TO ADMIT TO.

How can politicians get to a place where they think stirring up a war is the best option?

It's a tragedy that they're going to put us through this.

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I honestly thought they would do that when they came to power as it was so obvious ,they also had the ideal opportunity to pass the buck by saying it was labour's mess

It just goes to show how wrong one can be

BTW to the op you may well be right cant beat em join em

I agree. They should've let the bubble burst, and allow the economy to restructure.

It looks like Cameron has completely bottled it. It was all just too hard for him.

In the video, his analysis is correct, 4 unstable pillars:

1. Housing

2. Finance

3. Government Spending

4. Immigration

Yet their policy response is to keep the bubble going at all costs. Each of those 4 unstable pillars is now being relied upon even more.

The old adage, "watch what they do, not what they say" is absolutely right.

Edited by DogTired

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