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Fears: "Massive global property crash"
http://www.telegraph.co.uk/business/2017/01/02/fears-massive-global-property-price-crash-amid-dangerous-conditions/ Seems inevitable to me, they have pumped it up with QE & ultra low interest rates, no bullets left when the slow down in the economy begins this year .
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Cambridge academics have blasted the Treasury over “Project Fear” Brexit warnings
Nice to see I've been vindicated.:D http://www.cityam.com/256426/cambridge-academics-have-blasted-treasury-over-project-fear My next prediction is Brexit being a great success. True, there are many obstacles to overcome, but in the long run it'll be win win. :beer:
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Economists and weathermen..
Interesting article out today. Andy Haldane, the BOE chief economist, has basically compared economists (at least from the BOE) to Weathermen. It's interesting, because at least there is some admittance now that they focus on what they wish to see, rather than what could be seen. He also admits that the predictions…
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Announcement
There is an announcement displayed at the top of this board Was this really intended specifically for this board (it doesn't seem to appear on others)? Maybe MSE Towers are aware that a large proportion of contributors to this board have had particularly bad debt problems (maybe through alter-egos posting on boards about…
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Will Brexit really be good for Britain?
I know there are a lot of threads on Brexit on this forum. But what I would like is a simple analysis of whether Brexit will be good for Britain.? As in " Yes, No and Why/Why not" I was a Remainer and live in Scotland. So it obviously wasn't what I wanted. However we are where we are and I am accepting the result. As for…
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The 2016 HAMISH_MCTAVISH Predictions Thread
Broadly a year of continued economic growth. In most ways the effects of the 2008 recession and financial crisis are now behind us and the recovery is complete. The big exception is that new house building and mortgage lending remain constrained but more on that later. As for the predictions... 1. House prices will rise.…
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Market Oracle predicts 7% rise
http://www.marketoracle.co.uk/Article57691.html Discount this guy at your peril.
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Woodgreen up 9% in 2016
Woodgreen, the gift the keeps on giving ... http://www.rightmove.co.uk/house-prices/Wood-Green.html :beer:
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Why are leavers so angry
Interesting article by Nick Cohen https://www.theguardian.com/commentisfree/2016/dec/18/brexit-leavers-fear-their-lies-will-haunt-them So why are the Leave community so bitter and antagonistic towards those who still doubt their plans? The use of the term Remoaner is indicative of the hateful attitudes that are at play…
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Don't be a 2016 Remoaner - voting Brexit was our finest hour
http://www.telegraph.co.uk/women/politics/dont-2016-remoaner-voting-brexit-proudest-hour/
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UK Quarter 3 2016 GDP +0.5%
Change in gross domestic product (GDP) is the main indicator of economic growth. GDP was estimated to have increased by 0.5% in Quarter 3 (July to Sept) 2016 compared with growth of 0.7% in Quarter 2 (Apr to June) 2016. GDP was 2.3% higher in Quarter 3 2016 compared with the same quarter a year ago. This is the first…
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IMF: Still fit for purpose?
The report (and the article) is a long one. But the main points to take from it is that the Euro project comes before everything else. Greece was, and still is, being hung out to dry. Not only did the IMF break a load of it's own rules on Greece, they refused to open up records and meetings, knowingly delayed finance when…
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How much would EU citizenship be worth to you?
Britons could pay fee to retain benefits of EU citizenship after Brexit, says Europe's chief negotiator http://www.independent.co.uk/news/uk/politics/brexit-pay-eu-rights-work-live-fee-guy-verhofstadt-a7440556.html So...how much would EU citizenship be worth to YOU?
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Liam Fox: UK may stay in EU Customs Union
https://www.ft.com/content/f2f8b090-c511-11e6-9043-7e34c07b46ef Which would, among other things, put Liam Fox out of a job as we'd have to comply with all EU trade deals and could not vary tariffs to make our own trade deals. So just to recap.... The leavers basically wanted just a handful of things out of Brexit. 1)…
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Scotland now has higher Income Tax rates than rUK
The SNP government has decided to not pass on the new 45,000 rate at which the 40% band will kick in, it will be linked to inflation -starting at 43,430. A very small revenue raiser, but really sends out the message that the SNP don't think much of the middle classes. The finance minister dressed it up as "why should the…
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Carney - Another day, another change of tact
Was listening to something yesterday regarding Mark Carney, his huge pay packet and benefits, and whether actually, he's even noticeable outside of his statements. Was part of the brexit stuff as apparently he's claiming that the economy is doing OK after Brexit because of their intervention. Scuse me?! Tried to find a…
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Brexit vote: The breakdown
BBC article: http://www.bbc.co.uk/news/uk-politics-38227674 Quoted: New research has cast fresh light on who decided to vote Leave in June's referendum - and provides further evidence of how they saw off the Remainers. The National Centre for Social Research report is based on a "synthesis of evidence" from the British…
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A fun statistic
Someone who bought my parents' house in 2016 would pay five times more just in stamp duty than they paid for the actual house in 1971.
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Will Govt. win in Supreme Court?
Do you think Supreme Court will overturn High Court ruling or it will uphold the verdict?
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What about a Top Tips thread?
#1 Public sector employees: don't show up for work tomorrow. Just phone in and say you live in Sussex and train strikes. #2 Snowflakes: if you can't afford a house, blame older people and immigrants.
