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Debate House Prices
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The Last 5 Major Uk Recessions
Comments
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Actually, I thanked it by accident when hitting the quote button.
Charming.;)
Sorry for all the offense to all the people younger than retirement age who have been fortunate to retire early..;)
My blatant tong in cheek comments were obviously too offensive for the majority who are devoid of humour.
I am also sorry for defending the economy by saying interest rates should be cut in a recession.
It is irresponsible, as many people as possible need to be made redundant and have their houses repossessed to maintain a housing crash and the suffering required by this site.:rolleyes:0 -
Will you bull types stop thanking me! I was just making a joke about buttons, not some point about what !!!!!! did or didn't do. I kind of lost the thread (in 14 pages!!) of who said what to who, was going to add something about interest rates, and then realised the thread was about recessions. So reverted to type with a pointless post about Thanks and Quote buttons.0
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Will you bull types stop thanking me! I was just making a joke about buttons, not some point about what !!!!!! did or didn't do. I kind of lost the thread (in 14 pages!!) of who said what to who, was going to add something about interest rates, and then realised the thread was about recessions. So reverted to type with a pointless post about Thanks and Quote buttons.
Can't help it you love it really, thats why !!!!!! thanks me.
He is just pretending.;)0 -
as many people as possible need to be made redundant and have their houses repossessed to maintain a housing crash and the suffering required by this site
Ah...........back to normality at last.
262 posts, and finally this thread reaches the ONLY conclusion that can be allowed.
Everything is good in the World and this Forum can rest in peace !!!'In nature, there are neither rewards nor punishments - there are Consequences.'0 -
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0
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Just had a look through this thread. I am amazed at some of the immaturity and spitefulness. Grow up some of you....... you know who I mean!
!!!!!! why are you thanking him, he is talking about you?'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
Dunno how many of you have really known a recession or indeed been affected by one. The first that I really recall was in the 70`s, a lot of steel towns were badly hurt, oh yes I was forgetting the 3 day week under Heath. I am not sure that places like Coventry really ever recovered. After the Tories ran a poster campaign in `79 ``Labour isn`t working. One million unemployed`` the Thatch then went on to make sure, within a few years, that it was 3 million without jobs. I lived in the south east and was in a very well paid job, most of the pain was being absorbed by the the heavy industry areas.
Now the 90`s recession was a lot more nationwide. I had just started a new business and boy was it scary. I had thrown away a background of being pretty much mortgage free in my 30s to being well in debt with a fledgling business. We survived but the stress was dreadful.
Seeing businesses going under, folks losing their homes and family breakdown is far from fun.OK, as most of you know I am one of the oldest and fundamental property bears on the forum but the last thing I would do is take pleasure in the fact that there will be (possibly) a lot of pain.
Be very careful what you wish for. Yes the madness of HPI is a fact and sadly there will be a pretty huge devaluation of house prices in my opinion but spare a thought to the families that are being adversely affected by this. Not everyone who bought last year was a "muppet". Not all are as savvy as some of the posters here. Heck I know of friends not that much younger than me that have high mortgages.
If you notice my post above earlier I say that I am keen to give up decent interest on my savings, heck I would say no interest at all if it would save the pain of some of the things I saw in the last recession.
It`s a shame that things have gone this way but I guess it had to happen. Borrowing/lending has got so out of control and there has to come a time when this is paid for or rather it isn`t.
I wish all of you the best in these very unsettling times.
Pobby0 -
Oh dear we are showing our colours. I have had the Pee took out of me for being dyslexic, where were you then.:(
PS if you read the guy is 59 adn retired fair play, hardly ancient is he! , and I did put
after each coment.
I don't think you knew he was 59 at the time, he'd just said you were retired.
I'm dyslexic too, if I'd noticed you being taken the !!!! out of for it, I'd have joined in, aimed at me (-:
It was Out Of Order, in my opinion....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
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