Saturday, August 20, 2011

Banking Crash II – as forecast here last night

Another credit crunch looms

We can't afford another bank bail-out... so, should they be allowed to fail this time, get it over and done with? Quite what that will do to property prices, goodness knows, its uncharted territory, except on a small scale. One thing's sure, it ain't going to be pretty. As Roubini tweeted the other night - "When banks & deposits arent safe & govs are bankrupt time to buy canned food, spam, guns, ammo, gold bars & rush to your mountain log cabin"

Posted by stuartking @ 12:23 AM (965 views)
Please complete the required fields.



One thought on “Banking Crash II – as forecast here last night

  • We never made it out of the 1st credit crunch!

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>