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Debate House Prices
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Credit Action stats out for Dec
Comments
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!!!!!!? I do find your post to be abit patronising tbh. Of course I'm aware of all those things. I have read many books on the Credit Crunch/ Subprime Crisis and am more than capable of creating an informed opinion. However, when I listen to Ben Benanke, surprisingly, I find his arguments more convincing than yours. We will have to agree to disagree.0
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setmefree2 wrote: »!!!!!!? I do find your post to be abit patronising tbh. Of course I'm aware of all those things. I have read many books on the Credit Crunch/ Subprime Crisis and am more than capable of creating an informed opinion. However, when I listen to Ben Benanke, surprisingly, I find his arguments more convincing than yours. We will have to agree to disagree.
I wasn't aware that Ben Bernanke had expressed opinions on the wisdom of excessive borrowing/consumption, or the UK housing market and economy being linked to the credit bubble, which were what we were discussing was it not?
So - what was he saying about the topic that you find so convincing? I'm genuinely interested to hear what he had to say on the matter of the global credit bubble and its effects on our economy in the UK.--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
setmefree2 wrote: »I'm glad someone gave me the money I needed, when I needed it.
Needed? Or wanted?...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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