Jump to content
House Price Crash Forum

Darling Says Hpi Due To Lack Of Supply


Ponzi

Recommended Posts

0
HOLA441

Just heard the interview on Today - 0810 with Attack Dog Humphries who at last wasn't going to let it lie about rampant HPI. Came right at the end of the interview.

I frightened the Ponzi household by my shouting....if Darling believes it's supply and demand then there really is no hope.

Beeb Radio 4 Today link key words 8.10 hrs

Link to comment
Share on other sites

1
HOLA442
2
HOLA443
3
HOLA444
Just heard the interview on Today - 0810 with Attack Dog Humphries who at last wasn't going to let it lie about rampant HPI. Came right at the end of the interview.

I frightened the Ponzi household by my shouting....if Darling believes it's supply and demand then there really is no hope.

Beeb Radio 4 Today link key words 8.10 hrs

Was listening to that interview on the way to work. I thought JH did a pretty good job of laying the blame squarely with Gordon, almost being forgiving to Darling the fall guy.

I was expecting the media to be fawning over Labour, but looking at today's frontpages and the broadcast media, the message that we are going to be taxed to ****** for a very long time indeed is quite, quite clear.

Link to comment
Share on other sites

4
HOLA445
5
HOLA446
Was listening to that interview on the way to work. I thought JH did a pretty good job of laying the blame squarely with Gordon, almost being forgiving to Darling the fall guy.

I was expecting the media to be fawning over Labour, but looking at today's frontpages and the broadcast media, the message that we are going to be taxed to ****** for a very long time indeed is quite, quite clear.

Dont forget most of the media lose out due to the 45% rate and other changes.They wont be happy.plus most were in the BTL game.

Link to comment
Share on other sites

6
HOLA447
7
HOLA448
8
HOLA449
9
HOLA4410
10
HOLA4411
11
HOLA4412

Virtually nothing is ever said about the fact that the decade of miracles occured simply because Brown road the GLOBAL wave of irresponsible debt expansion that allowed houise prices to get out of control. What was going on in America was going on here only more so--our debt fuelled housing bubble is much larger than the US in the sense that our entire market is a bubble whereas the US hotspots were confined primarilyy to the coastal markets. Our level of HPI was also much higher with houses at the peak having risen 3 fold in a decade.

Now that Brown blames America for the crash* surely he should credit America for the previous expansion? Or was it the case that Americas decade of HPI madness was not a good thing? And if he agrees it was not why then did he allow the exact same bubble to form here?

______________________________

* It is not entirely clear what Brown is saying in theis regard. He constantly refers to the crash/bust having "started" in America and one mjsty assume that he is saying that, BUT FOR, the collapse in the bubble in America we would still be seeing the benefits of his miracle HPI-MEW-BTL economy. It is time someone pinned him down on what he means by "it started in America."

Link to comment
Share on other sites

12
HOLA4413
13
HOLA4414
14
HOLA4415
15
HOLA4416
16
HOLA4417
I was discussing this with my teenage daughter on her way to school.

She asked me who will be paying for all these bailouts. I said "You will".

Eeeeh, I'm such a cheery Daddy sometimes.

Sounds far too switched on to me.... at her age I'd have been far to concerned with who I was going to swap my Kevin Kegan sticker with to be worried about the economy.

Link to comment
Share on other sites

17
HOLA4418
18
HOLA4419

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...
  • Recently Browsing   0 members

    • No registered users viewing this page.




×
×
  • Create New...

Important Information