Timmy Manson Posted March 18, 2005 Share Posted March 18, 2005 Excellent article, I'd like to force every idiotic, self deluding bull I know to read this article and repeat it back to me until they get it. Having said that I might just leave it lying around in the office http://info.moneyweek.com/sample.php?p_id=...se+prices+crash And just as house prices rise when rates fall, so they fall as rates rise. Sydney prices fall 7.5% and Melbourne prices slump 12.9% quarter on quarter Liverpool, 'where, a few months ago, security guards were employed to control crowds', last month many lots failed even to reach reserve prices. Mwwwwaaahhhaaaaaaa mmmmwaaahhhhhaaa Quote Link to comment Share on other sites More sharing options...
cock-eyed octopus Posted March 18, 2005 Share Posted March 18, 2005 Article in TODAYS EDITION! Doesn't the article say It was first published July23rd 2004? Quote Link to comment Share on other sites More sharing options...
Sledgehead Posted March 18, 2005 Share Posted March 18, 2005 Last week...March 11, 2005 . . . Only the uninformed or analytically stubborn fails to appreciate that we long ago exited the transitory disinflationary period. Interestingly, ... Household Mortgage Debt (HMD) increased at an 11.2% rate during the fourth quarter. For the year, HMD increased 13.3%, the strongest showing since 1987’s 13.4%. ...MORE: http://www.prudentbear.com/creditbubblebulletin.asp <{POST_SNAPBACK}> So amusing therefore that Blair & Brown bang on about having delivered low inflation and low mortgage rates as if it is within their power. Who want s to take odds on them taking the blame for growing inflation and growing interest rates? Wot no takers! Quote Link to comment Share on other sites More sharing options...
Freelance Mycophagist Posted March 18, 2005 Share Posted March 18, 2005 Absolutely fantastic! A very well written summary of just about everything this forum has discussed over the past few months. Do you think the author is a member? Quote Link to comment Share on other sites More sharing options...
hubba_bubba Posted March 18, 2005 Share Posted March 18, 2005 Oh.. It's goooood! Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted March 19, 2005 Share Posted March 19, 2005 Could THAT be the next scene in this movie? If so, it may turn into a Horror show in the USA, as Dollar oil prices go THRU THE ROOF Wouldn't that mean cruise missiles over Shanghai and the Marines wading ashore in Hong Kong? Quote Link to comment Share on other sites More sharing options...
andrew_uk Posted March 19, 2005 Share Posted March 19, 2005 If they started spending the dollars (or lending them to there people) then the rhumanbi (chinese currency probably spelt wrong) would rise and the dollar fall hurting there exports. They don't yet want that, but when it does then we're in for some fun. Quote Link to comment Share on other sites More sharing options...
Freelance Mycophagist Posted March 20, 2005 Share Posted March 20, 2005 If they started spending the dollars (or lending them to there people) then the rhumanbi (chinese currency probably spelt wrong) would rise and the dollar fall hurting there exports. They don't yet want that, but when it does then we're in for some fun.<{POST_SNAPBACK}> Renminbi Quote Link to comment Share on other sites More sharing options...
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