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Johnson’s ‘Generation Buy’ is a catastrophe in waiting


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I can't read the full article, but the description of HUTH did it for me

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Few television programmes can be as depressingly upbeat as Homes under the Hammer. It's not the dated music, formulaic structure or the cheesy, lobotomised chirpiness of its presenters.

 

It's the fact that, every weekday morning, for 1,000 episodes now, it has nonchalantly exposed the glaring absurdity at the heart of UK economy, apparently without even realising.

 

 

 

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Is this a bad thing? I know the 'independent' are not great fans of Boris, but are they arging for HPI? Against an HPC? Are they blaming Boris for all increases since 2003 and for the commissioning of HUTH?

A crash would be good. If Boris causes it and the 'independent' and Guardian BTLers get a rinsing, even better.

 

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Boris should be letting the free market sort it out rather than the state controlling the property market.

What he is doing is totally against what the real Tory party used to stand for but he doesn't give a hot fook about that, even though he slagged off Corbyn for his socialist policies that would "bankrupt the country"........lol

All these t1ts want is Brexit and a collapse of the £ so that they can pick up all those dodgy bets they placed.

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Estate agents growing more pessimistic about the property market

 

Prices at all time highs....These ****s are never happy.

estate agents chucking out negative stories so they can grab the begging bowl out from BJ 

 

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All these t1ts want is Brexit and a collapse of the £ so that they can pick up all those dodgy bets they placed.

Tell us more:  What, exactly are/were these dodgy bets?  Who were the counter-parties and what specific events will result in a payout?

 

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That article demonstrates that you did not originatate the allegation... but falls a long way short of explaining, specifically, what the bets were.

I can't think of a way to directly place a bet of 'billions' on a 'hard brexit' - that idea is plagued by subjectivity... and bets require black-and-white outcomes.  If backers of the PM have open speculative positions, I'd love to know, specifically, what they are.

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That article demonstrates that you did not originatate the allegation... but falls a long way short of explaining, specifically, what the bets were.

I can't think of a way to directly place a bet of 'billions' on a 'hard brexit' - that idea is plagued by subjectivity... and bets require black-and-white outcomes.  If backers of the PM have open speculative positions, I'd love to know, specifically, what they are.

I'm sure I read about bets being made on the collapse of the £ after Brexit.  Whether it's correct or fake news doesn't convince me that some won't make lot of money from Brexit.

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I'm sure I read about bets being made on the collapse of the £ after Brexit.  Whether it's correct or fake news doesn't convince me that some won't make lot of money from Brexit.

Oh, I am certain that some people will make a lot of money from Brexit, just as I was certain that some people would have made a lot of money from remain.

I'm also a cynic - I think that corruption is more likely that not.

What I'm interested to know is exactly what the bet was.  Was it a bet about the relative value of currencies (and, if so, which specific currencies)? Was it a bet about the value of assets traded on the stock market (if so, which assets)?  Was it bet about the value of bonds (if so, was this about government or commercial debt - long or short)?  Frequently, when people talk about bets on a 'crash' they're talking about (leveraged) short positions... and, in that context, I'd also want to know what timescales are implied by the specific instruments used to structure the 'bet'.

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Yeah, shorting the £ sounds about right imo.

To short sterling, you have to nominate (at least one) other currency - against which you expect relative value to decline.

When I was young, I assumed everyone wanted their own currency to be strong - so they could buy lots from abroad.  I was shocked when I realised, a bit over a decade ago, that the opposite has (almost always) been the case... where representatives for each currency seek to devalue their own.  On reflection, this makes some kind of perverse sense... if you assume those in control are selling assets priced in thier own currency.

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It is not hard to imagine that Brexit will create new needs and that people sitting at Cummings table are first in line to receive the contracts to answer them.

New infrastructure needed at Dover, PR and consultancy to handle the things previously handled by the EU, communication to spin a promise of a happy future, procurements for stock piling ... People more aware of this than me would easily expand the list.

Also I have heard more of big money backing Brexit than remain. All the Ratcliffes moving to Monaco. I guess it will be even easier to use offshore accounts in a post Brexit world

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  • ForGreatLager... changed the title to Johnson’s ‘Generation Buy’ is a catastrophe in waiting

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  • 433 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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