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

David Smith - S Times

Recommended Posts

I repeat NOT gushing!!! Wow!!!

Oh, and my posting on his blog.

http://www.economicsuk.com/blog/000523.html

Brown's legacy goes down with Great Crash 2. His only "success" has been his successful riding of the biggest credit boom in modern history. However, instead of putting in measures to contain the irrational exuberance he has set this country up for a fall greater in extent than our mirror "miracle economy" across the pond. Brown has done nothing more than to mirror every move made by his counterpart(s) at the Fed who are now learning that Milton Freidman was right about the cost of lunch. To have claimed credit for another man's wisdom prior to its being exposed as folly is foolish pride and we all know what pride leads to.

Edited by Realistbear

Share this post


Link to post
Share on other sites
the variations in growth and inflation rates have been much lower than in the past

Why doesn't he question why inflation rates have been much lower? Is he really stupid enough not to see the fact that CPI has been fiddled in order to keep the rates down?

Not only has there been no return to boom and bust, but the big economic numbers have exhibited an almost eerie calm

I have a problem with this mentality. Is he claiming that there has not been a boom so no risk of bust? or Is he claiming that 'it is different this time' so the soft landing will follow the boom something that has never happened.

Amazing journalism!

Share this post


Link to post
Share on other sites
David Smith has got it wrong so often I'm surprised the Sunday Times still employs him.

Journalists are like politicians - no-one holds them to account. If you sound like you know what you are talking about, if your face fits - you get a job. If you talk a load of rubbish - who cares as long as people keep buying the paper.

One of the reasons I buy the Telegraph on Saturday is the editor of the financial bit seems to know what he is on about - Ian Cowie I think his name is.

I don't read anything owned by Rupert Murdoch or which has dipsticks like Rosie Millard employed. I will not pay to listen to idiots.

Share this post


Link to post
Share on other sites
David Smith has got it wrong so often I'm surprised the Sunday Times still employs him.

Its a mystery for sure....

I did a league table of chancellors, placing him second to Geoffrey Howe, just ahead of Kenneth Clarke, Nigel Lawson, Norman Lamont and Roy Jenkins.

I put him just ahead of Tony Barber, as GB's inflationary boom has lasted longer..

Share this post


Link to post
Share on other sites
You'll be saying next it is all an international conspiracy. This really is paranoia of the highest order, though it doesn't particularly surprise me, irrational argument of the Private Fraser "We're all doomed" school, and about as far away from economic rationalism as it is possible to be.

Anyone that doesn't agree with me is a conspiracy theorist!

Pretty weak.

Share this post


Link to post
Share on other sites
Why doesn't he question why inflation rates have been much lower? Is he really stupid enough not to see the fact that CPI has been fiddled in order to keep the rates down?

I have a problem with this mentality. Is he claiming that there has not been a boom so no risk of bust? or Is he claiming that 'it is different this time' so the soft landing will follow the boom something that has never happened.

Amazing journalism!

Why don't you ask him on his site?

Share this post


Link to post
Share on other sites

Through his column in the Sunday Times, David Smith has been one of the main cheerleaders for the debt-fuelled, pyramid-selling scam that large parts of the UK economy have become dependant upon in recent years. However, that era, financed by cheap, easily available money, is now ending. A new harsher reality is emerging and Smith's tripe-peddling will be exposed for the unsustainable spin that it is.

Let's see if Smith can come up with reasoned replies to the points raised by FP and IIDTT. Personally, I doubt it.

David Smith's blog

Share this post


Link to post
Share on other sites

David Smith is a complete an utter joke, how he can give lectures to FP etc is remarkable

He predicted a return to 40$ a barrel for oil, IR peak of 5% and that the US property crash was greatly over exaggerated - hes ridiculous.

The only thing he can cling onto is that there has not been an HPC here yet but with rising rates and millions coming off low fixed rates in the next 6 months we all know whats around the corner.

Hopefully when the HPC is fully under way someone at The Sunday Times will take the bull by the horns and sack his ass. ;)

Share this post


Link to post
Share on other sites
David Smith is a complete an utter joke, how he can give lectures to FP etc is remarkable

He predicted a return to 40$ a barrel for oil, IR peak of 5% and that the US property crash was greatly over exaggerated - hes ridiculous.

The only thing he can cling onto is that there has not been an HPC here yet but with rising rates and millions coming off low fixed rates in the next 6 months we all know whats around the corner.

Hopefully when the HPC is fully under way someone at The Sunday Times will take the bull by the horns and sack his ass. ;)

Completely agree. Has he been sacked yet?

Share this post


Link to post
Share on other sites
Journalists are like politicians - no-one holds them to account. If you sound like you know what you are talking about, if your face fits - you get a job. If you talk a load of rubbish - who cares as long as people keep buying the paper.

One of the reasons I buy the Telegraph on Saturday is the editor of the financial bit seems to know what he is on about - Ian Cowie I think his name is.

I don't read anything owned by Rupert Murdoch or which has dipsticks like Rosie Millard employed. I will not pay to listen to idiots.

hi ian

Share this post


Link to post
Share on other sites

Just been reading that blog - can't belive what a total and utter git David Smith is. I want to punch him, and then punch him again. :blink:

Share this post


Link to post
Share on other sites
Just been reading that blog - can't belive what a total and utter git David Smith is. I want to punch him, and then punch him again. :blink:

Careful - he reads these pages.

BTW, nice chippy in Stamford Bridge.

Share this post


Link to post
Share on other sites
Careful - he reads these pages.

BTW, nice chippy in Stamford Bridge.

LOL he can find me in The Swordsman :P

Share this post


Link to post
Share on other sites
Just been reading that blog - can't belive what a total and utter git David Smith is. I want to punch him, and then punch him again. :blink:

FP has certainly had his share of patronising opponents these last two years.Wonder if the likes of Ruth Lea and DS would be so keen on dialogue with him now.

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.

Guest
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.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 355 The Prime Minister stated that there were three Brexit options available to the UK:

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal



×
×
  • 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.