Friday, October 5, 2007

Martin Wolf’s view

Britain faces its own housing risk

FT's leading economist writes one of the most thorough pieces on the topic that I've seen. Not an awful lot that's not been around before, but the provenance and analysis make it far more credible than that of either the 'vested interests' or the doom-mongers. Topped and tailed with some views on Mr. Brown's next move.

Posted by james @ 09:33 AM (732 views)
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6 thoughts on “Martin Wolf’s view

  • Seems to underline John Stepek’s views in Moneyweek earlier this week, particularly the last paragraphs where he suggests that if Crash Gordon calls an election now, it means the UK economy is in deep, deep trouble.

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  • The UK economy has been in trouble for a while. Many of the posts on this website have higlighted the asset bubble and debt.

    The problem is that now the UKs problems are highlighted by a credible source – none other than the FT.

    So, what is Darlings view of house prices? He’s been pretty quiet so far……almost invsible!

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  • Credible or not credible i wouldnt know about. Deep analysis I wouldnt know about. Thorough.. little clue again.

    Provenence.. i would have to go and look up that word in a dictionnary.

    I can tell you whats going to happen if you want? and have a damn good stab at when.

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  • Brown will be the shortest term prime minister in history and he has only himself to blame!

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  • whiteknight – yes, like a few other very vocal people on this board you’ve been telling everyone what’s going to happen for an awfully long time in a very shrill fashion. If you shout ‘It will be a 6!’ every time a die is cast and then (after a bloody long time) it does come up 6, does it prove you right? No. It shows only that you are blinkered. The point is, people who actually know what they’re talking about now see a real chance of a house price crash.

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  • dohousescrashinthewoods says:

    Go on then Whiteknight. I’m in. What do you mean?

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