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Why we are nowhere near the bottom yet. Quite simple really (again)
skap7309
Posts: 874 Forumite
With all the doom and gloom about house prices about to rise, us bears secretly know we are nowhere near the bottom yet - and i am sure a large percentage of bulls do to.
For anyone at the BBC, or the government, or any EAs out there, not forgetting our friends Azzetz, would care to read the following it is laid out in layman's terms for you.
Please try not to feel too bad about the green shoots that have never existed.
http://money.uk.msn.com/investing/articles/john-stepek/article.aspx?cp-documentid=148621220
For anyone at the BBC, or the government, or any EAs out there, not forgetting our friends Azzetz, would care to read the following it is laid out in layman's terms for you.
Please try not to feel too bad about the green shoots that have never existed.
http://money.uk.msn.com/investing/articles/john-stepek/article.aspx?cp-documentid=148621220
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Comments
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and the author is John Stepek the deputy editor of Moneyweek...
interesting points in the article though...
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and the author is John Stepek the deputy editor of Moneyweek...
interesting points in the article though...
They must be all STRers at Moneyweek
'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 -
What happened to 2009 being much much worse then 2008?0
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Its kind of strange, the bears seem to have everything they want, house prices falling, unemployment rising, economy in the doldrums, Labour on the ropes, plague in the form of Swine Flu.
Why then do they seem so miserable ?
If not a little ANGRY ?US housing: it's not a bubble
Moneyweek, December 20050 -
kennyboy66 wrote: »Its kind of strange, the bears seem to have everything they want, house prices falling, unemployment rising, economy in the doldrums, Labour on the ropes, plague in the form of Swine Flu.
Why then do they seem so miserable ?
If not a little ANGRY ?
They are miserable by nature.
And angry because despite their best efforts to depress everyone into submission, house prices keep rising anyway.:D“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
kennyboy66 wrote: »Why then do they seem so miserable ?
If not a little ANGRY ?
1) Its Monday, wrong side of bed this morning.
2) The rubbish spouted by the media is becoming a little grating, i agree talking up the economy is a good idea but please dont take the public for fools.
3) Hammy M.C.0 -
With all the doom and gloom about house prices about to rise, us bears secretly know we are nowhere near the bottom yet - and i am sure a large percentage of bulls do to.
For anyone at the BBC, or the government, or any EAs out there, not forgetting our friends Azzetz, would care to read the following it is laid out in layman's terms for you.
Please try not to feel too bad about the green shoots that have never existed.
http://money.uk.msn.com/investing/articles/john-stepek/article.aspx?cp-documentid=148621220
And as evidence you offer an article by an editor of moneyweek????
"US housing: it's not a bubble" Moneyweek, December 2005
Alrighty then......:rotfl:“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
HAMISH_MCTAVISH wrote: »They are miserable by nature.
And angry because despite their best efforts to depress everyone into submission, house prices keep rising anyway.:D
Thankyou for your useless input Hammy, is there not a few billy goats that need eating?0 -
HAMISH_MCTAVISH wrote: »They are miserable by nature.
And angry because despite their best efforts to depress everyone into submission, house prices keep rising anyway.:D
Where are they rising? And dont say Aberdeen. Choose a real place.0 -
ruggedtoast wrote: »Where are they rising? And dont say Aberdeen. Choose a real place.
Aberdeen where the streets are paved in Gold."For those who understand, no explanation is necessary. Those who don't understand, dont matter."0
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