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What A Difference A Day Makes

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Guest Shedfish

What a difference a day makes...

March 7, 2008

US Fed offers $100bn as crunch worsens

The US Federal Reserve has taken new steps to fight off a recession by making $100 billion (£49.7 billion) available to banks, after US payrolls fell by 63,000 in February - the biggest decline since March 2003.

...24 little hours...

March 8, 2008

US Fed releases $200bn as credit crisis hits new depths

The global credit crisis plunged to new depths yesterday as persistent fears over the collapse of a large financial institution caused funding markets to dry up and forced the US Federal Reserve to make available up to $200 billion (£99.3 billion) of emergency financing.

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What a difference a day makes...

March 7, 2008

US Fed offers $100bn as crunch worsens

...24 little hours...

March 8, 2008

US Fed releases $200bn as credit crisis hits new depths

yeah this could indeed be the tipping point. the fed are accepting mortgage backed securities too...

http://ftalphaville.ft.com/blog/2008/03/07...-rumour-recast/

gotta think that inflation is the outcome here.

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You mean HYPERINFLATION.

capital preservation is the name of the game now... not just in absolute £ but in real buying power

.... and before the gold bugs jump-in, that particular bubble may well be in for a correction.

It is difficult to know the best way through this one !

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capital preservation is the name of the game now... not just in absolute £ but in real buying power

.... and before the gold bugs jump-in, that particular bubble may well be in for a correction.

It is difficult to know the best way through this one !

I can't say I'm too worried for myself, not happy to see others suffer though.

Here's a small anecdote; the other day I bought a table and 4 chairs on ebay for 99p. It cost me 8 quid for diesel to go and pick them up. Maybe this will be the new reality of the next couple of years- Japanese style asset prices destruction and fuel/energy price inflation. Surely it's just a question of keeping your eyes open for the former and making adjustments to reduce the impact of the latter. Adjusting to higher food prices is also no great challenge.

Agree about the g***.

As for the subject of this thread. Every day things are becoming even more silly but most people are , as they used to say, like mushrooms; kept in the dark and fed bullsh!t.

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capital preservation is the name of the game now... not just in absolute £ but in real buying power

.... and before the gold bugs jump-in, that particular bubble may well be in for a correction.

It is difficult to know the best way through this one !

Hence... several eggs in several baskets is a safer bet.

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  • 295 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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