ronnie Report post Posted June 30, 2006 http://go.reuters.co.uk/newsArticle.jhtml?...alog/GetContent http://go.reuters.co.uk/newsArticle.jhtml?...alog/GetContent some interesting articles from reuters weekley on property/interest rates/macroeconomy Quote Share this post Link to post Share on other sites
jp1 Report post Posted June 30, 2006 http://go.reuters.co.uk/newsArticle.jhtml?...alog/GetContent http://go.reuters.co.uk/newsArticle.jhtml?...alog/GetContent some interesting articles from reuters weekley on property/interest rates/macroeconomy Not more doom and gloom from those neg-heads over at HPC Reuters House prices only go up! Quote Share this post Link to post Share on other sites
Realistbear Report post Posted June 30, 2006 (edited) The two Reuters articles say that borrowing is out of control but no IR are anywhere in sight until well into next year. In the meantime, the rates remain accomodative (my bet is that they are actually negative in real terms) as more debt gets taken on with IR hikes waiting to bushwhack the punters later. Nice on Gordon. I am not so sure Gordon will have control over IR as he has lost control over the economy. He cany deny inflation is real but it doesn't change things. Prices of non-discretionaries will continue to rise and the more money that is borrowed the more it will fuel inflation. There has to come a point when the borrow and spend frenzy is called to a halt and I am afraid IR are the only solution. Edited June 30, 2006 by Realistbear Quote Share this post Link to post Share on other sites
