We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Financial Times: Banks not to be trusted.
Comments
-
Still no news on Gomorrah then?No reliance should be placed on the above! Absolutely none, do you hear?0
-
Wasn't someone turned into a pillar of salt?
For the past four years I have told anyone who would listen that the massive spending that was creating the country's financial boom was based on debt. I didn't see how it could continue, but it seemed to just go on and on.
Now we know how - the bad debt was parcelled up and passed around the world - nice little ticking bombs. Eventually all the spare cash was used up and hey presto - disaster.
I believe that many of those in the banking world knew what was happening and were simply lining their own pockets - staving off the evil day for as long as possible.
I saw a Republican congressman on Newsnight who said there has been an eight year long football game with no referree because Bush removed it. Not only has Bush been a disastrous president, his words, he has spread misery around the world.
Because he hates gays and abortion and loves God he was given the job as the most important man in the world!
I despair!0 -
I expect Mr and Mrs Lot and family pitched up in Jerusalem, unemployed and expecting a council house. A xDon't believe everything you think.
Blessed are the cracked...for they are the ones who let in the light. A x0 -
i totally agree with you - there are some not all who wanted this the house price drop without realising the bigger picture.
One might suggest that some wanted the situation before to continue, which though outwardly seemed vibrant was simply a castle built on the sand.
The situations are as they are, whoever wanted them or did not.0 -
-
moanymoany wrote: »Wasn't someone turned into a pillar of salt?
Lot's wife. They were told not to look back as they fled the city, but she disobeyed....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 -
chrisandanne wrote: »I expect Mr and Mrs Lot and family pitched up in Jerusalem, unemployed and expecting a council house. A x
Mrs Lot was a pillar of salt by then, but I gather Mr and the Misses Lot turned up, claiming to be asylum-seekers, and stole the bread out of the mouths of Jerusalem's hard-working families....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 -
Still no news on Gomorrah then?
They were committing the same sins. Not different ones, as I understand it....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 -
neverdespairgirl wrote: »They were committing the same sins. Not different ones, as I understand it.
My understanding is that in fact they were rather free-thinking when it came to sex, extraordinarily materialistic, rather likely to mug travellers, and very uncharitable. In fact, it sounds so like our modern society that the brimstone is probably on its way as I type this.No reliance should be placed on the above! Absolutely none, do you hear?0 -
Maybe to you but I've long been telling people to kiss goodbye to the welfare state and the NHS as you've known it. Welcome to mass-unemployment and repeated pay-cuts. Ring any bells?
Misallocation of investment as companies have chased the HPI boom, reinvesting over and over, gearing up more, in the expectation it would never end, and explained the Austrian economic way of how these companies suffer in the downturn. Big names alone don't survive if they have weak balance sheets.
The HPI sluts need dealing with decisively. Meltdown in the economy is part of the reversal of the crazy unsustainable HPI mega-boom. The BTL-er expected rents will plummet too, finding out all the people who bought on margin requiring a set rent to pay their BTL mortgage. Welcome to the crash.
erm yes exactly, you've just proved the point that some people thought otherwise like I was saying0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards