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Does it always go Boom-bust-boom-bust.

13

Comments

  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    edited 8 March 2011 at 9:31AM
    DaddyBear wrote: »
    There will be another boom, but this time it's different. In previous cycles boom has followed bust pretty quicky. However, Labour burned this country before they left and as a result we'll be bumping along the bottom for the best part of a decade.

    So will interest rates. :rotfl:

    Look what has happened to Japans over the past decade.

    http://www.economagic.com/em-cgi/data.exe/bjap/ehdis01

    THey had import inflation too:

    hprice03.gif

    Didnt make a difference to base rate.
  • Act in haste, repent at leisure.

    dunstonh wrote:
    Its a serious financial transaction and one of the biggest things you will ever buy. So, stop treating it like buying an ipod.
  • JWF
    JWF Posts: 363 Forumite
    According to the Black Eyed Peas it goes "Boom Boom Boom". Maybe Gordon should have taken notice of this instead of saying he was ending boom and bust.
    All I seem to hear is blah blah blah!
  • Niksan
    Niksan Posts: 309 Forumite
    Is boom-bust a tri-state or bi-state? is there anything other than these two states? if not, it's a given boom follows bust follows boom regardless of time.


    EDIT:- to add to the theme, boom boom shake the room, tick tick tick, boooooooooooooooooooom :)
  • Nikel
    Nikel Posts: 282 Forumite
    mbga9pgf wrote: »
    to the OP, look what happened to Japan in 1991 and since.
    See how that worked out.

    Boom followed by a bust...and then a continuing fizzling out.
  • To quote Baldrick in Blackadder Goes Forth:-

    Boom, boom, boom, boom,
    Boom, boom, boom,
    Boom, boom,
    Boom, boom,
    (Blackadder finishes with)
    Boom,boom, boom.

    It was about the German bombs, but according to some of you it could be about economics. . .
    Give yourself a Chistmas bonus £14 a week!
    Total so far £28
  • wymondham
    wymondham Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic Mortgage-free Glee!
    yep, boom, bust, boom regular as clockwork. I think it's due to just enough time to forget the lessons learnt ready for the next round!!

    I think we're still in the bust, with no boom in sight!
  • buglawton
    buglawton Posts: 9,246 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Since the middle ages we've lived in a discretionary economy - that is, a large proportion of our income is spent on things we want, rather than need. So most spending will always be a matter of mood and when mood gets magnified by mass media and domino effects, strong plus and minus cycles are inevitable.
  • Does it always go Boom-bust-boom-bust?

    Nope. Sometimes it goes Boom boom boom

    GG
    There are 10 types of people in this world. Those who understand binary and those that don't.
  • B_Blank
    B_Blank Posts: 1,105 Forumite
    It used to go boom-bust-boom-bust, but then gordon brown came in and he got rid of boom and bust. Lucky us
    I am not a financial expert, and the post above is merely my opinion.:j
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