Tuesday, Dec 12, 2006

Californian economy remains strong despite housing slump

Monsters and Critics: Inflation at new high

The worst part of the housing market downturn may be over in California and how long it will weigh on the state's economy may be shorter than expected, according to a report released on Monday.

Posted by jellycaster @ 04:46 PM (522 views)
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12 Comments

1. paul said...

"The worst part of the housing market downturn may be over in California"

On the other hand, it may not be too ...

Tuesday, December 12, 2006 04:55PM Report Comment
 

2. denzil said...

Paul said:
>>"The worst part of the housing market downturn may be over in California"

>On the other hand, it may not be too ...

Straight to the point, Paul, nice one. The article included nothing to back up the statement.

I have it on good authority that pork bellies "may" be a good bet next year.

Tuesday, December 12, 2006 05:25PM Report Comment
 

3. paul said...

Well, you denzil, Jelly's positive spin on things sounds distinctly hollow today.

Tuesday, December 12, 2006 05:31PM Report Comment
 

4. paul said...

Talking of positive spin,

Q. where's glorious_sunshine, the fairweather troll today?
A. Nowhere to be seen.

Tuesday, December 12, 2006 05:32PM Report Comment
 

5. Cstanhope707 said...

This may not be so far fetched unlike the UK the US economy is based on the fact that they actually produce something including goods and services that the world wants, it is also a low taxation economy.

Do not forget also that going bankrupt in the US is easy.

On the other hand the UK economy is based on spin, stupid hot air speculation and debt, so unlike the US which is getting a housing correction the UK will have a very very nasty crash.

Also a much much smaller proportion of the US population works for the state as in the UK where we have thousands of pointless government jobs, added to this they do not have a massive unproductive waste of space Dinasour such as the EU destroying that countries productivity.

Tuesday, December 12, 2006 06:14PM Report Comment
 

6. millard said...

Q. where's glorious_sunshine, the fairweather troll today?
A. something to do with a storm on the horizon coming over from the US....

Tuesday, December 12, 2006 06:36PM Report Comment
 

7. glorious sunshine said...


Hi All,

Good to see I have not been forgotten! Just for you all to know I have been away a while making loads of money - God, how I love wealth!

Just kicking back now for some well deserved R&R. I may even get the board out! ...watch this space!

I am quite tickled your all still so naive you think them prices will come down. They only go up! Around my way about 8 starter homes (all desirable I might add) came to the market 3 months ago - Guess what! All are now sold - no down turn here...unless you have 300K to spend your ****** and a life tenant I guess.

Think I may buy another late 2007 if I can still afford one! Of course, if they drop I get the old BOGOF offer! Nice one!

Dream on little HPCers!

Here we go

Loop de loop flip flop Santa's got an airplane
Loop de loop flip flop flyin' in an airplane
Loop de loop flip flop Santa's heart's full of joy
Loop de loop flip flop Santa's got a new toy

If you're up a little late on Christmas Eve this year
And you're waiting for that pudgy person to appear
Instead of the patter of tiny feet you will hear

'Cause loop de loop flip flop Santa's got an airplane
Loop de loop flip flop flyin' in an airplane
Loop de loop flip flop Santa's heart's full of joy
Loop de loop flip flop Santa's got a new toy

He skydives down to the chimney with ease
Parachutes a package to the whole family
It's Santa's Air Special delivery to under your tree

Oh, well, loop de loop flip flop Santa's got an airplane
Loop de loop flip flop flyin' in an airplane
Loop de loop flip flop Santa's heart's full of joy
Loop de loop flip flop Santa's got a new toy

Santa and Rudy sittin' at the controls
A buncha sleepy helpers waiting back at the pole
They know where they are 'cause they navigate by the stars!

'Cause loop de loop flip flop Santa's got an airplane
Loop de loop flip flop flyin' in an airplane
Loop de loop flip flop Santa's heart's full of joy
Loop de loop flip flop Santa's got a new toy

Loop de loop flip flop Santa's got an airplane
Loop de loop flip flop flyin' in an airplane
Loop de loop flip flop Santa's heart's full of joy
Loop de loop flip flop Santa's got a new toy

Loop de loop flip flop fly away
Loop de loop flip flop fly away
Loop de loop flip flop fly away
Loop de loop flip flop fly away
Loop de loop flip flop fly away
Loop de loop flip flop fly away
Loop de loop flip flop fly away
Loop de loop flip flop fly away
Loop de loop flip flop fly away
Loop de loop flip flop fly away
Loop de loop flip flop fly away

Tuesday, December 12, 2006 10:48PM Report Comment
 

8. Enuii said...

Here was me thinking Mr Sunshine had a bit of poetic talent, and courtesy of Firefox 'N' right Click Google on one of his lyrical lines and Lo 'n' Behold he's plagiarised the Beach Boys 'Santa's Got An Airplane' lyrics.

Tuesday, December 12, 2006 11:08PM Report Comment
 

9. monty said...

Welcome back GS.

Tuesday, December 12, 2006 11:37PM Report Comment
 

10. tyrellcorporation said...

Nice one GS! Good to see things are going well for ya...

Wednesday, December 13, 2006 08:18AM Report Comment
 

11. Davros said...

He's NUTZ!

Wednesday, December 13, 2006 08:59AM Report Comment
 

12. paul said...

"if they drop I get the old BOGOF offer"

No no, WE get the BOGOF offer when you desperately try to offload your loss-making liabilities.

Welcome back GS. You're on fine trolling form still, and still with no arguments of substance. I love the way that BTL bandwagoners think that FTBs will flood into the market once prices start dropping through the floor.

The fanciful idea that FTBs would swoop in to buy loss-making investments off BTLers in a freefalling market is the embodiment of naiivety. Then again, brains haven't got them this far ...

Wednesday, December 13, 2006 10:15AM Report Comment
 

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