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Eeternaloptimist
21 Aug 10 15:18
Joined:
Date Joined: 28 Jun 10
| Topic/replies: 38,236 | Blogger: Eeternaloptimist's blog
News just in from our roving reporter:

CRASH - ah - saviour of the working class.
CRASH - ah - it'll save ev'ry one of us.
Seemingly there was no sound reason for those
extraordinary intergenerational transfers(ha ha ha)
What's happening CRASH?
Only Dr. Chisel formerly at N.A.S.A.
Has provided any explanation.
CRASH - ah - it's a miracle.
This months unprecedented price falls in London.
Are no cause for alarm.
CRASH - ah - further rises aren't impossible.
It is for ev'ry one of us
Stand for ev'ry one of us
It'll save with a mighty hand
Ev'ry man ev'ry woman ev'ry child
With a mighty CRASH
General Chisel, the Crash is approaching
What do you mean the Crash is approaching?
Open fire all weapons.
Drop interest rates to zero and more quantitive easing.

CRASH ARRRRRRGHHHHHHHHHHHHH.............
Pause Switch to Standard View Where next for house prices?
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Report Eeternaloptimist August 21, 2010 3:19 PM BST
With grateful thanks to Queen.
Report 56 August 21, 2010 4:13 PM BST
House prices will be stable for another 2 yrs then another rise due to 50 yr mortgages and lending to start again...no crash as housepricecrash.com have predicted and EO. Shortgage of property and the coalition will ensure house prices remain stable.
Report Eeternaloptimist August 21, 2010 11:27 PM BST
50 yr mortgages. More fuel for the fire. Laugh
Report Dotchinite August 22, 2010 12:30 PM BST
If the 8% interest rates within 2 years that the Telegraph article quotes today is even remotely close it will be interesting to say the least.
Report ImSoLuckyLucky! August 22, 2010 1:32 PM BST
But the dt does say inflation could reach

20%


Ugh!!!!!!!!!!!!!!


Devil
Report Banwana August 22, 2010 2:22 PM BST
Small reduction (average) until 2012. Strange things to happen then.
Report beetle August 23, 2010 1:44 PM BST
world ends
Report Splicer Keats August 23, 2010 3:39 PM BST
Fire sale by january
Report Live4 August 23, 2010 4:28 PM BST
House prices remain stable is another way of saying house prices remain unaffordable.  Given wages are falling and the cost of energy and food is going up people won't have any money to spend on anything else.  How is that good for the UK economy? 

I suppose at least we'll be importing a few less BMWs and flatscreen TVs which will be good for the old trade decifit.
Report OLD HEAD August 23, 2010 11:54 PM BST
inflation up,wages to be held back,more people out of work,and all to keep house prices up,i cant see how we can move forward while our economy relies on supermarkets ,house prices,and the value of the pound to provide us with all the goodies we need.something has to give and when it does it wont be pleasant.
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