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Debate House Prices
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Cruch to last at LEAST another 18 mnths
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Dya know is was getting stressed working out how i could do that !!.. so thanks for the help... :A ... but then i kinda got used to "cruch" for some reason ..Gorgeous_George wrote: »If you select 'Edit' and 'Go advanced' you can add the 'n' to crunch in your title.
GG
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Maybe partially true, but not fully.
You only have to look at megapolitical factors affecting Mexico now with the rising violence and kidnapping, and the test it is putting on society.
There is such a thing as the rise and fall of great powers and real reasons on why things happen.
Or take a snapshot from many periods in history where society has broken down - it can get bad. Example... after the collapse of the Chinese monarchy in 1911, who had allowed their ruling position to weaken, and had allowed themselves to lose real controlling power over the rest of the country. China fell under marauding armies, bandits and warlords who pillaged and looted with crazy abandon, leaving millions dead.
A new band of thugs seized control on an average of once every two days. Anyone who was suspected of possessing even a vestige of wealth was fair play for kidnapping and torture.
As an official report put it, "When they capture a person for ransom first they pierce his legs with iron wire, and bind them together as fish are hung on string. When they return to their bandit dens the captives are interrogated and cut in two at the waist, as a warning to the others."
Merchants from Chengtu, capital of Szechuan Province protested, "We have nothing left but the grease between our bones."
Governments are thugs and thieves at heart imo (and born in history from bandits who settled, and began collecting taxes, became the main custodians of violence at a large scale, and had some incentive to allow citizens to prosper, to collect more in taxes) - but better that than go back to the anarchy of roving bandits and gangs.
Yet here we are, unbelievably in a position where we have to worry about the stability of the financial system. Where conversations between intelligent people can descend in to strategies about the sense in storing weeks of food, and gold hoarding, and which banks are safest for savings, as the system has been put at risk, through no shortage of neglect, stupidity, and attitude to risk.
Top post....HEAD NAIL ONIt is nice to see the value of your house going up'' Why ?
Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
If you are planning to upsize the new house will cost more.
If you are planning to downsize your new house will cost more than it should
If you are trying to buy your first house its almost impossible.0 -
when in 1997 did GB say he wouldn't let house price spiral out of control? can you give a direct quote? or is this just another urban myth??.. i.e when Mrs thatcher said the great "society"(totally miss quoted speech)
Here you go: http://www.youtube.com/watch?v=kKZfLZWaV_Q
Your man clearly acknowledging there are risks from fuelling HPI to unsustainable levels. Nice going Gordon. Near 300% HPI. Economic sustainability indeed eh.0 -
Amd for the lazy/google-phobiacs (at least a couple of seconds of effort required) http://www.guardian.co.uk/business/2005/may/02/politics.labourparty - wonderful stuff tinternet, let's you say things which come back to bite you on the arris...0
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Dithering_Dad wrote: »Surely even implementing all of the above will not save you if you lose your main job and cannot get another one in a recession?
You are probably right. But by making sure you don't spend thoughtlessly or run up debt, and keep your outgoings low and save a bit, you increase your chances significantly of being OK while you look for another job, I'd have thought?...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
He might be a pillock prime minister but as a chancellor he did a good job. might of spent spent spent but millions are better off (the poor) under this government than ever before, Tax credits, 10p tax (we are being slightly compensated now, but at least it was brought in) winter fuel allowance, investment in NHS (BADLY SPENT BY MANAGERS) and education.
I'm sorry, I'm too busy splitting my sides laughing at the idea of Broon as a good chancellor to say anything remotely sensible in reply....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
As a 28 year old English man i take heed of an old proverb, "you dont know your born"
look at the bigger picture, the world is bigger than your little bubble!!
Education, education, education.........much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
no 1999,, i was 19 british army fighting (probably another illegal!! ) war..
i posted 90s not 90..
What war in Albania? Passed me by altogether!...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
There will be a few of course that will be able to afford their own homes but the majority will still be in rented because they are clueless when it comes to saving for their futures.All they are interested in are their flat screen tellys, xboxes etc and have not a clue about how to balance their books.mr.broderick wrote: »I will actually reply to this because it is another of your good points and i will tell you why.
When people live in rented and are not in control of their own destiny deep in the back of their mind they think 'what can be any worse?' A recession will certainly hurt most of the population them included but it will reduce the 2 tier society that has arisen, those with and those without. After the fallout they may have a chance to buy a home whereas if property continued to rise they never ever will get the chance.0 -
Dithering_Dad wrote: »Could I ask why?
As a father and sole wage earner, I could not conceive of a reason why I would want my family to be negatively impacted financially. I'd be interested to know your reasoning.
(I am actually seriously interested, this isn't a prelude to some sort of 'aggro').
I guess some will be able to survive it better than others. I don't think my job would be in danger, and if it was in the area of the market I'm in, I don't think I'd have too much problem finding another job.
I'm not saying I want a recession. Quite the opposite in fact as the missus is currently unemployed. Just pointing out that some will generally be ok so a recession would mix things up in their favour.
For me, it's about keeping costs low so I can continue saving, and helping the missus get a new job. With my lease up in the new year, rents in London look ridiculous. I may have to pay up to £1000pcm which is a 50% increase. So cutbacks look inevitable.
Again for me it comes down to property. I can't afford to buy one, and now soon, even renting one will be stinging me so much I'll have to cut back on spending. I just wish the property crash would happen sooner, then rents would drop, or I'd be able to buy a place, and resume normal spending rather than having my money tied up in rent."Boonowa tweepi, ha, ha."0
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