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Debate House Prices


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"Oversupply the cause of house price crashes"

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Comments

  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    chucky wrote: »
    care in the community has a lot to answer for...

    Good answer to a perfectly straight forward question chucky.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Good answer to a perfectly straight forward question chucky.
    causation and correlation, causation and correlation will be your starting point.

    they're not difficult concepts to grasp - let google be your friend instead of having to rely on random strangers on an internet forum to educate you...
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    edited 30 March 2011 at 3:04PM
    chucky wrote: »
    causation and correlation, causation and correlation will be your starting point.

    they're not difficult concepts to grasp - let google be your friend instead of having to rely on random strangers on an internet forum to educate you...

    I understand causation and correlation chucky.

    I'm just asking you for a simple yes or no answer to my question do you think that the UK will go back into recession if oil prices continue to rise?
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    edited 30 March 2011 at 3:09PM
    I understand causation and correlation chucky.
    i don't think you do understand - this becoming a common theme with you...
    I'm just asking you for a simple yes or know answer to my question do you think that the UK will go back into recession if oil prices continue to rise?

    did you not know that a recession is a business cycle contraction due to a general slowdown in economic activity and not pegged to the US dollar oil price? recessions usually occur due to a drop in spending due to issues with supply or the bursting of an economic bubble. again none of these are pegged to the price of a soft commodity priced in US dollars.

    there's your answer - if you don't understand please try again
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    edited 30 March 2011 at 3:16PM
    I understand causation and correlation chucky.

    I'm just asking you for a simple yes or no answer to my question do you think that the UK will go back into recession if oil prices continue to rise?

    You asking chucky for an opinion?

    Good luck!

    He'll only tell you you are stupid for thinking high oil prices link with recessions.

    If someone else says it that he likes, he'll tell you you are stupid for not realising high oil prices are linked to recessions.

    If you do pick him up on this, he'll simply state "you missed the point...again".

    Don't ask him what the point was. He'll just state you are too stupid to understand.
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    Ok chucky we are getting somewhere.

    So in a roundabout way you are saying that if oil prices continue to rise the UK will avoid going back into recession.

    We'll see.
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    You asking chucky for an opinion?

    Good luck!

    I know, here's hoping graham. :)
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Ok chucky we are getting somewhere.

    So in a roundabout way you are saying that if oil prices continue to rise the UK will avoid going back into recession.

    We'll see.
    you see, you don't understand... i've never said that, that's what you're saying. so no, that's not what i said.

    i'm such a good guy, here's a brief explanation of recession for you from wikipedia
    http://en.wikipedia.org/wiki/Recession
    hope that helps
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chucky wrote: »
    you see, you don't understand.

    Within 4 minutes of prediction.

    Not bad. Though still room for perfection.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Within 4 minutes of prediction.

    Not bad. Though still room for perfection.
    for the forum numpty
    chucky wrote: »
    did you not know that a recession is a business cycle contraction due to a general slowdown in economic activity and not pegged to the US dollar oil price? recessions usually occur due to a drop in spending due to issues with supply or the bursting of an economic bubble. again none of these are pegged to the price of a soft commodity priced in US dollars.
    it's obviously gone way over your head hence your obvious frustrations... never mind
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