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Debate House Prices


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House prices may halve warns Vince Cable

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Comments

  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    drbeat wrote: »

    Thats that then, discussion closed.
    '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 Thatcher
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    The Lib Dems missed a trick not keeping Vince as leader, Clegg is a turkey, its not about age as they thought with Menzies, it's about knowledge and character, Clegg has neither.
  • wymondham
    wymondham Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic Mortgage-free Glee!
    ad9898 wrote: »
    The Lib Dems missed a trick not keeping Vince as leader, Clegg is a turkey, its not about age as they thought with Menzies, it's about knowledge and character, Clegg has neither.

    He did'nt want it, shame really...
  • ad44downey
    ad44downey Posts: 2,246 Forumite
    It's good to see that Vince has regained his marbles. He lost them when he advocated massive interest rate cuts like the other party leader muppets. But it's good to see him back on form
    Krusty & Phil Madoff, 1990 - 2007:
    "Buy now because house prices only ever go UP, UP, UP."
  • bo_drinker
    bo_drinker Posts: 3,924 Forumite
    Are Lib Dems still going then???????? Why?? The also rans as ever.
    I came in to this world with nothing and I've still got most of it left. :rolleyes:
  • Paul_N_4
    Paul_N_4 Posts: 344 Forumite
    50% falls possible says the respected Vince Cable.

    Does he deserve a :rotfl: then? Cause on the "70% club" thread, a 70% deserves a :rotfl: so what about 50%. I take it that the lack of a :rotfl: means 50% is plausible? Afterall, this isn't some "loony bin" on an internet forum, this is Vince Cable.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    StevieJ wrote: »
    Thats that then, discussion closed.

    You seem pretty upbeat about things (compared to most anyway). What do you think is likely to happen to the economy over the next few years please?

    My view is clear I think. I think that things are going to be either quite bad or very bad depending on whether or not Obama is stupid enough to bring in protectionist policies. I think that despite him being JFK reborn (young and pretty) he's jolly thick and will destroy the economy by heavily taxing imports.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Paul_N wrote: »
    50% falls possible says the respected Vince Cable.

    Does he deserve a :rotfl: then? Cause on the "70% club" thread, a 70% deserves a :rotfl: so what about 50%. I take it that the lack of a :rotfl: means 50% is plausible? Afterall, this isn't some "loony bin" on an internet forum, this is Vince Cable.

    Yes all knowing and all seeing, praise Vince Cable. :T
    '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 Thatcher
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Generali wrote: »
    You seem pretty upbeat about things (compared to most anyway). What do you think is likely to happen to the economy over the next few years please?

    My view is clear I think. I think that things are going to be either quite bad or very bad depending on whether or not Obama is stupid enough to bring in protectionist policies. I think that despite him being JFK reborn (young and pretty) he's jolly thick and will destroy the economy by heavily taxing imports.

    Gen we are entering a recession with low import prices, low interest rates. I think we will have about 3 to 4 quarters of negative growth and low inflation. The problem I see is down the line when commodities regain their vigour and inflation bursts back into life - after that who knows? The one thing I do know is that house prices will not drop by 70% (mainly because Dervish thinks they may do, not very scientific I know).
    Yes I do agree about Obama but knowing what the USA is like I am not sure he will last that long.
    '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 Thatcher
  • Paul_N_4
    Paul_N_4 Posts: 344 Forumite
    StevieJ wrote: »
    Yes all knowing and all seeing, praise Vince Cable. :T

    You done it wrong, this one -> :rotfl:
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