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Bbc Radio 4 Former Us Treasury Sec Very Bearish

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They spoke to a number of 'experts', he was very bearish. Basic message was no end in sight.

He said that govts need a serious rethink about why they keep having crises every 3 or so years, that the system is all wrong.

He also said that govts should NOT interfere in market corrections, ie pwopetwy going down to an understandable value.

Someone else, some economist (sorry I wasn't paying much attention as doing one of my curries)

said something like "could be entering most dangerous phase now."

Any bull or VI listening to those interviews would be reaching for the vapours, or if in their car would be in danger of passing out at the wheel.

It was made all the more chilling by the calm way in which it was said.

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  • 401 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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