Crash Crash Crash !!!!!!!!!!!!!!!!!!!!!!!!!!!

sabretoothtigger

Solar panels, missed that bit. I would hope that'd pay something back then for so much spent

Thrugelmir wrote: »

I never expected to see base rate reach 0.5% in my lifetime.

So nothing should come as a surprise.

Particularly if the UK struggles to rein the budget deficit.

Markets turn very quickly.

James_N wrote: »

I will never forget Black Wednesday, when rates increased to 15% in ONE DAY. That made me keep a hedge against interest rate movements from then onwards.

Dan: wrote: »

I very much doubt interest rates will ever be above 3% again in our life time.

Are you old enough to recognise this, its a letter posted for 2.5p in the 1970's before they had to raise interest rates. We all wish they didnt have to rise now too but they do.
Never say never

John_Pierpoint

Government is happy to see 3% inflation.

72/3=26 years and the government has halved the debt burden - well that is the idea and by then most of the de-possessed pensioners will have died anyway.

believe it or not, that increase from 2.5p is only inflation compounding at about 7% a year.

http://safalra.com/other/historical-uk-inflation-price-conversion/

Still fair value when compared to house price inflation?

sabretoothtigger

Its going to take alot of demand destruction not to see rates rise massively. 3% over 26 years would amount to 115% in interest on the original sum for a lender just to break even

A global winter lasting a few years would about match current market expectations, this would be deflationary:


http://edition.cnn.com/2012/08/30/us/wus-supervolcanoes-yellowstone/index.html?hpt=hp_c2

harryhound

Surely a "volcanic winter" would cause massive inflation as 7 billion people tried to bid for much reduced food supplies.

http://en.wikipedia.org/wiki/Year_Without_a_Summer

The last volcanic summer was probably one of the factors, coupled with the Napoleonic wars that inspired Malthus to realise the dangers of an island without food self sufficiency.

http://en.wikipedia.org/wiki/Thomas_Robert_Malthus

Just compare the price of spuds / carrots this winter with the price say 2 years ago.

BobQ

blisk wrote: »

Get out while you can.

How can 12 people think this is worth debating. You may as well post the price of copper from a few years ago.

Mr._Pricklepants

Mods, please close this thread.
The 'crash' was over and done with around spring '09.

RUN_RABBIT_RUN

maybe we should start talking about rewired and get this turdfest thread closed once and for all.

Mr._Pricklepants

RUN_RABBIT_RUN wrote: »

maybe we should start talking about rewired and get this turdfest thread closed once and for all.

Or post login and logout times for devon and re-wired
Thread will be gone in no time.

blisk3

Mr._Pricklepants wrote: »

Mods, please close this thread.
The 'crash' was over and done with around spring '09.

is it ?

prices still falling around country

blisk3

RUN_RABBIT_RUN wrote: »

maybe we should start talking about rewired and get this turdfest thread closed once and for all.

yes, run rabbit run before you get shot