How Did You First Come Across This Particular Forum?

michaels

Right, as I have no short or medium term memory a search reveals I first posted on this board in April 2008 - anyone remember then it was set up?

However I also found a post from March 2005 on the general housing board which was all about economics and house prices.

I am thinking I should set up an on-line business offering counselling for those who wish to break on-line addictions, once I learn to spend less time on here that is...

FTBFun

I signed up to MSE to ask for some proper advice on the sensible board (hence the username) and wandered in here out of boredom.

It is remarkably addictive and I've started to delve into the DT board as well (although there are some right nutters in there!).

Wheezy_2

I came here to get some info when Icesave folded, and stuck around.
Not too interested in the bull/bear jibber jabber, I mostly post about my westie in the Nice People Threads

andybenw

I came here last week after being banned from HPC for the third time. As it was recent I am still a bit bitter which is why you'll occasionally find me having a moan.

What i have found is that the balance of opinions tends to be better here, and as the site is not overmoderated like HPC you can state your opinion without finding yourself banned due to the fact someone disagrees with you.

I think I'll stick around on here now.

mystic_trev

michaels wrote: »

However I also found a post from March 2005 on the general housing board which was all about economics and house prices.

I doubt you'll find postings much older than that. The original Forum setup which started in 2003 was too old and creaking, so was dumped (along with all the postings) when the New Forums were setup in early 2005

Conrad

reweird wrote: »

It's well known that this great forum 'Debate House Prices & the Economy' is the most vitriolic and toxic of all fora on the excellent MoneySavingExpert,

Dicsussion Time area is if anything even more toxic and I have to say more stimulating than this house price section. Do all of you know about the Discussion Time area?

John_Pierpoint

It has been just magic on this thread watching the end of the UK bubble "party" economy.

Some of us were calling the collapse, and being regularly beaten up by the "trees grow to the sky" believers.

Our little threads used to break out all over the place on MSE and then sooner or later get taken down, because the overwhelming membership of MSE did not want to even think about their debts.

The day that there was a run on Northern Rock was history in the making.
Someone on her logged the events and the Q all day from some vantage point over the road from the "corner shop" that was the City of London branch. It was obvious that the party was coming to a close at that point.

However the crane with the wrecking ball arrived on the other side of the pond and set to work smashing up the western economies on the weekend of 13th September 2008.
On Monday the 15th the USA authorities waited until the worldwide liquid millions in Lehman Bros. arrived in New York and put in a liquidator to grab them.

It was then that all hell broke loose - It must have been about then that NDG rallied the troops by running up what must have been the world record for thanking posters.

Since then events have moved in much the direction I expected, in reality we have the double dip only the numbers are much worse and longer lasting than I expected.

This is my apology for mocking the gold bugs, back in 2007 - they were right and I was wrong back then.

Though both of us got the devaluation of Sterling and subsequent inflation about right.

[What cost you £100 for Xmas 2008 will be costing you at least £114 for Xmas 2011, as sterling devaluation and quantitative easing erodes your wealth.] (Source RPI index)

It is a shame that these historical moments are dropping off the threads her in the ghetto.

purch

I have forgotten my password, so I can't see this board anymore :eek:

michaels

Not really being the thread to pick up such things but:
(1) we had inflation before the credit crunch
(2) Most Christmas presents I buy are things like clothes and electronics that have fallen during the period.

John_Pierpoint wrote: »

[What cost you £100 for Xmas 2008 will be costing you at least £114 for Xmas 2011, as sterling devaluation and quantitative easing erodes your wealth.] (Source RPI index)

John_Pierpoint

In 2007, as the bubble got near to going pop, there was an inflation caused by the increasing velocity of circulation - now we are piling up money in an attempt to get the roundabout going, so far without success BUT there is a danger that when the merry-go-round does start up it will spin out of control with all that oiling of the system.

I agree that electronics do tend to get cheaper and have done so for 30 years, but is it only my clothing that has been going up in price?

Picking up on a couple of previous postings and assuming they are genuine:

Sockie: short for sock puppet - meaning having more than one MSE identity, mainly so that if one identity gets "PPR" ed (Posting Privileges Revoked) the puppet identity can carry on representing the ideas of its revoked master. Some sockies and their master have been known to get into an argument with each other (and lose it) Sooner or later a couple of sockie twins are likely to forget who they are and and cross-post.

Bull/Bullish : a speculator who is so convinced that prices are going up (to the sky) that they are prepared to mortgage their granny and pawn the children in an attempt to catch up with the price movement.

Bear/Bearish : a speculator who is so convinced that the price of something is falling through the floor, that he will sell something he does not own in the hope of buying it cheaper in time to honour his contract. (aka "going short" or "shorting") Also someone who is prepared to sell something he needs in the belief he will soon be able to buy it back cheaper.

In times of trouble/opportunity it is a good idea to have a big cash cushion.

Here is a link to a glossary of terms prepared by the BBC:
http://www.bbc.co.uk/news/business-15060411

http://www.bbc.co.uk/news/business-15060411