Jump to content
House Price Crash Forum
Sign in to follow this  

There Is More At Stake Than Just Houses

Recommended Posts

I have been thinking a lot lately about Capitalism and its alternatives mainly Socialism and Anarchism.

This has influenced my thinking that houses would crash and cause a recession, due to the understanding

that the boom and bust cycle was an inevitable part of Capitalism.

As self interest and profit is what drives the system, a boom is just too attractive a prospect.

Greed just gets the better of people.

Brown and Greenspan must understand economics and are self serving enough to realise that if the

cycle is inevitable, the best you can do is engineer the boom part of the cycle while they are in office so they get the credit and benefit and get out and leave the mess for your opponants to sort out and shoulder the blame for.

If Brown/BoE and Bernanke/Fed could do the hitherto impossible and have a boom without the bust

they will have cracked one of the biggest problems with Capitalism. If not, going by the sheer size of the

boom we could have the biggest bust in history, something big that could trigger a recession like great

depression in the 1930's. Could Capitalism survive such a recession? would people simply loose faith in it

and look for an alternative, it has been extemely resiliant in the past but would this be the end of Capitalism.

There is more at stake here than just the price of houses.

Share this post

Link to post
Share on other sites

The problem with the idea of a bust coming along and destroying capitalism is that sooner or later another boom comes along and everything's rosy again... until next time, that is.

Exactly. Busts just create buying opportunities, and buying opportunities are where booms begin.

Share this post

Link to post
Share on other sites

greed is universal.Even those who professed to communism were greedy for power and control over their peers who believed them.

Noble ideaology but completely flawed and open to abuse.

for the more televisually aware just look at the big brother house....all go in as equals but somebody always wants to wear the trousers and will use every trick in the book to get there....it's human nature.

all that remains is how benevolant the leadership is.

we were hated when we had an empire,but now reasonably respected for what we gave the world in raising their standards of living.

Q)will the US be similarly viewed come it's inevitable demise??

Q)what will replace the US,and how will they assert themselves?

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 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%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.