OzzMosiz Report post Posted February 14, 2006 I'm having a bad day today CPI bullsh** figures at 1.9% - total crock of crap Houses still too high Country in biggest debt bubble ever (as far as I am aware) Government wanting to control people with ID cards TAX TAX TAX Over indebted idiots being bailed out by going bankrupt 99% of people are blind to this too. I have a decent amount of savings (tens of thousands) and feel poor Rant over Quote Share this post Link to post Share on other sites
karhu Report post Posted February 14, 2006 I'm having a bad day today CPI bullsh** figures at 1.9% - total crock of crap Houses still too high Country in biggest debt bubble ever (as far as I am aware) Government wanting to control people with ID cards TAX TAX TAX Over indebted idiots being bailed out by going bankrupt 99% of people are blind to this too. I have a decent amount of savings (tens of thousands) and feel poor Rant over Maybe you feel poor because you're saving too much? There's no way saving can compete against the rate at which banks can create money from nothing. :angry: Quote Share this post Link to post Share on other sites
bubbleturbo Report post Posted February 14, 2006 (edited) Chill out. US rates, Euro rates and most other rates are on thier way up. Factory gate inflation is going up, up, up, which will feed through into CPI. Where I am, the August rate cut gave the market a little kick, but this has dried up mid December and the market has now stalled again. There are some dreamers, but also some aggressive sellers out there. I could defo buy cheaper now that this time last year. The economy is coming off the rails and crash Gordon is getting deperate. If they cut rates again, it could be a depserate measure mistake which will cause lots of other knock on issues, which over the medium term will ensure a crash. Taxes up, Unemployment up, Sentiment down Edited February 14, 2006 by BubbleTurbo Quote Share this post Link to post Share on other sites
CrashBear Report post Posted February 14, 2006 Maybe you feel poor because you're saving too much? There's no way saving can compete against the rate at which banks can create money from nothing. :angry: hmm makes me feel like I should just spend spend spend? Maybe you feel poor because you're saving too much? There's no way saving can compete against the rate at which banks can create money from nothing. :angry: hmm makes me feel like I should just spend spend spend? Quote Share this post Link to post Share on other sites
Time to raise the rents. Report post Posted February 14, 2006 I'm having a bad day today CPI bullsh** figures at 1.9% - total crock of crap Houses still too high Country in biggest debt bubble ever (as far as I am aware) Government wanting to control people with ID cards TAX TAX TAX Over indebted idiots being bailed out by going bankrupt 99% of people are blind to this too. I have a decent amount of savings (tens of thousands) and feel poor Rant over Who ever said life was meant to be easy hey? Quote Share this post Link to post Share on other sites
karhu Report post Posted February 14, 2006 Who ever said life was meant to be easy hey? It certainly isn't being a UK landlord at the moment. Quote Share this post Link to post Share on other sites
OzzMosiz Report post Posted February 14, 2006 Who ever said life was meant to be easy hey? Hey my life has never been easy. Life is never easy for most of us. I don't expect it to be a breeze. Would be boring if it was I guess. I just want opportunities to get on with life. You can't argue that the government are fiddling things for short term gain Quote Share this post Link to post Share on other sites
Guest Report post Posted February 14, 2006 Maybe you feel poor because you're saving too much? There's no way saving can compete against the rate at which banks can create money from nothing. :angry: Ah. But you don't have to compete against the banks. You just have to beat your peers. And since they would appear to be indebted up to the eyeballs at the worst possible time... Relax. Quote Share this post Link to post Share on other sites
