Monday, May 11, 2015

House Price Crash 2019?

Osborne’s Legacy: The Ladder of Despair

"George Osborne is selling the Conservative Party as saviour of the British economy. And yet, his swansong as Chancellor of the Exchequer was a catalogue of disasters that smooth the way for the Crash of 2019."

Posted by pete green @ 12:49 PM (3775 views)
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3 thoughts on “House Price Crash 2019?

  • I think Fred’s 2019 prediction will be 4 years late.

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  • I have read Fred Harrison’s books and looked at the 18 year evidence with mid term mini crashes, and that evidence is very compelling. But the extent at which we have tried to avert the debt deleveraging may be the ‘black swan’ that stops this cycle repeating itself in the near future and we could have a global financial crisis. If this global asset bubble pops the UK will be more exposed than possibly any other country – so our domestic and foreign policy (and the policies of all the world’s elites) will be to prevent it at all costs. This has been our policy for a long time and I have no knowledge as to what the result will be. Whatever happens the poor will pay the price, either in economic chaos or long term drop in living standards to prop up our rentier overlords.

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