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Will Usa Lead The Way

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I have noticed the US news is much more bearish than ours in the UK

with Yaun doing well, iran about to switch to euro for oil trading,

is the US likely to admit the crash is coming/happening before us, and will UK then wake up to the fact that the bubble is bursting.

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yes and no. US construction companies have to "tell it like it is" otherwise they get sued for misleading statements inducing the public to purchase shares! Their public statements are often seen as a "prospectus" and such statements have to be carefully worded to reflect reality. I have noticed that UK builders are also quite realistic with many admitting lately that things are not looking so good for the last Q of 2005 and even worse for 2006.


Edited by Realistbear

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  • 301 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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