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Debate House Prices
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A dilemma in British housing - Intl. Herald and Tribune
Comments
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I do apologise for expressing an opinion
Chill...........:cool:
J*sus........you must have a sense of fun somewhere ........... deep down !!!!!'In nature, there are neither rewards nor punishments - there are Consequences.'0 -
kennyboy66 wrote: »"Bank liabilities in the United States are about 20 percent of the size of the economy. In Britain, the figure is 285 percent.
Ask yourself then what might happen to Britain."
Have you got similar figures for Switzerland & The Netherlands ?
What are the liabilities of HSBC ?
Are they included in the UK figures because it is listed in the UK, although it is a truly international bank operating in almost 100 countries ?
Net lending has been close to nil recently, if prices fall by lets say 10-15%, surely we are likely to see repayments out-stripping new loans.
I couldn't find the Netherlands but Switzerland is 317%0 -
Nathan HobbsMortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
[strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!!
● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.730 -
Chill...........:cool:
J*sus........you must have a sense of fun somewhere ........... deep down !!!!!
Nah, I think he had the SOH bypass several years ago!;)
In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:0 -
bengee1977 wrote: »Wrong (as someone else here pointed out. Most money *IS* pulled out of thin air!
Something to do with Fractional reserve banking too, read this wikipedia:
http://en.wikipedia.org/wiki/Fractional-reserve_banking
I understand fractional reserve banking. Money isn't created out of nothing though, it's created from the depositing of money lent on the back of others' savings. The savers' money still has to be there in the first place in one form or another.0 -
Dithering_Dad wrote: »Nathan Hobbs
Presumably this is the real name of a poster and you're putting it on here to ?intimidate them?. If that's what you're doing (and this is at the very least the 3rd time you've posted this) it's pretty pathetic.0 -
Presumably this is the real name of a poster and you're putting it on here to ?intimidate them?. If that's what you're doing (and this is at the very least the 3rd time you've posted this) it's pretty pathetic.
bloody hell Gen, talk about jumping to conclusions and making wild accusations!
http://www.nathanhobbs.com/index2.phpMortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
[strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!!
● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.730 -
Dithering_Dad wrote: »bloody hell Gen, talk about jumping to conclusions and making wild accusations!
http://www.nathanhobbs.com/index2.php
In that case I'm sorry. What does a wedding photographer have to do with anything and why post his name 3 times?0 -
bit of subliminal advertising.
Did you know that the word "Quiz" came into being due to a bet between 2 blokes. One bet the other that he could get a word into the Oxford English disctionary, so he got a load of people to write "Quiz" on walls (I think in London) and it entered the English language.Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
[strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!!
● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.730 -
Dithering_Dad wrote: »bit of subliminal advertising.
Did you know that the word "Quiz" came into being due to a bet between 2 blokes. One bet the other that he could get a word into the Oxford English disctionary, so he got a load of people to write "Quiz" on walls (I think in London) and it entered the English language.
Its Dublin according to Wiki0
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