honkydonkey Posted September 4, 2015 Share Posted September 4, 2015 http://wolfstreet.com/2015/09/03/uks-fake-housing-market-makes-fake-millionaires/ Favourite bit- "All these incremental changes by government are market interventions designed to stop the inevitable happening. They are now unable to reverse out of this death spiral. It is clear, house prices are being driven up on dramatically lower volumes of sales supported only by financial devices that even paracitical bankers would be proud of engineering." Link to comment Share on other sites More sharing options...
Andy T Posted September 4, 2015 Share Posted September 4, 2015 Only 1 in 40 new jobs are full time. Feck me. Link to comment Share on other sites More sharing options...
JoeDavola Posted September 4, 2015 Share Posted September 4, 2015 Best article that I've ever seen in terms of summarizing the ridiculousness of today's economy. Thanks for posting. Link to comment Share on other sites More sharing options...
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