Debate House Prices


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We're next

smeagold
smeagold Posts: 1,429 Forumite
edited 30 November 2011 at 10:34AM in Debate House Prices & the Economy
As in 'we' I mean the UK.

Connect the dots:

http://www.marketoracle.co.uk/Article31794.html

UK and Japanese government bonds are grossly over valued and on the precipice of moves resulting in sharply higher interest rates (yields). The bottom line is that the UK Gilt has reached its safe haven status peak that is being artificially supported by the Bank of England money printing (electronically) to buy government bonds which is resulting in very high inflation, and because the bond markets are manipulated by artificial buying then this will have to ultimately have to play itself out in the currency markets which implies a sharply lower sterling exchange rate even against an exploding euro, though note that ALL currencies are in FREE FALL against one another, it all depends on the relative rate of free fall as measured by the real rates of inflation which for the UK is approx 7%.

People of Britain sit up and take notice, the UK is in a far worse debt position than virtually every major western nation, whilst Italy is making the headlines today, then where the PIIGS are today the rest will eventually follow, that's the UK and Japan first and eventually France, Germany, US, ALL of these countries bond markets are trading at or near record low interest rates. This gives investors a series of opportunities of the decade to profit from the inevitable by shorting bonds of first the UK, then Japan, France, Germany and finally the United States, which given the debt mountains the magnitude of profit potential is likely to be huge, nearly as large as for those that shorted Greek bonds 2 years ago

http://www.zerohedge.com/news/goldmans-sigma-x-spot-once-again-predicts-imminent-uk-contagion

Last Wednesday we put up the following blurb: "Five months ago, when Italian yields were still tame in the 3% ballpark, and not 7% where they are today, we suggested that based on trading patterns and overall volume in Goldman's dark pool, Italy may be about to experience a "Greek episode." Days later we were proven right as Italian yields and spreads started their relentless move wider, with only those who had access to Sigma X being able to get an advance whiff of what was about to happen. Well today we are happy to report that the German diversion may have worked: the truth is that nobody appears to care about Germany. Instead what everyone does seem to care about, is the nation with the greatest combined debt (government, corporate and household) to GDP in the world. Yup. The UK." Following that, a quick Twitter update from this morning indicated something was again going on with the UK from the perspective of the world's most connected insiders: "UK's LLOYDS and RBS top of most active on Sigma X this morning." Sure enough, here's Fitch with what may well be a precursor to the bond vigilantes finally focusing their attention on the last, latest and greatest AAA credit.
  • FITCH: UK GOVT MAY BE MOST INDEBTED OF AAA SOVEREIGNS EX U.S. -BBG
  • FITCH: NEW UK FISCAL VIEWS 'SIGNIFICANT DETERIORATION' VS MARCH - BBG
  • And the punchline: "the capacity of UK public finances to absorb adverse economic and financial shocks that would result in yet higher public debt while retaining its 'AAA' status has largely been exhausted"
The UK is the most indebted nation in the world at 496% debt to gdp(sov, corporate, private) just above Japan at 492% DGDP and italy at 320% DGDP. Yesterdays Autumn statement just blew a hole is the UK's 'debt reduction' credibilty. Once the EU is fixed, I give it 2 weeks and it will be fixed, we are next.

Prepare accordingly.
Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
«1

Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    actually Ireland has a bigger debt

    but just for balance can you tell us of the assets that each country has?
  • Mallotum_X
    Mallotum_X Posts: 2,591 Forumite
    Part of the Furniture Combo Breaker
    smeagold wrote: »
    Once the EU is fixed, I give it 2 weeks and it will be fixed, we are next.

    Prepare accordingly.


    Two weeks after the EU is fixed. Phew i was worried it might be sometime soon.
  • FTBFun
    FTBFun Posts: 4,273 Forumite
    Does this mean the NWO will finally take over?
  • smeagold wrote: »
    Prepare accordingly.


    What can be done to prepare accordingly?
  • chewmylegoff
    chewmylegoff Posts: 11,466 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Darthvader wrote: »
    What can be done to prepare accordingly?

    You could build a weaponised space station the size of a small moon and use it to exterminate the home planets of your enemies.
  • smeagold
    smeagold Posts: 1,429 Forumite
    FTBFun wrote: »
    Does this mean the NWO will finally take over?

    ha how droll, What is the NWO? Basically it's the destruction of national soverignty in favour of a global authority. What is happening in the EU now? They are attemting to set up a EU governing body to control the finances of 'weaker nations' ie a supra national authority where sovereign states interests play a subbordinate roll to a semi- global authority. Both Greeces and Italian democracy has been replaced by 'technocrats' ie globalists unelected banker puppets. The EU will be fixed ,it will be a trade off between the issuance of EU bonds, ie monetisation of debt on condition of closer 'solidarity' or EU control of the various nations finances. The old world order was a collection of independent nation states , the NWO is the loss of nation state soverignty in favour of a supra national authority. Which is exactly what is on the table now in the EU, loss of soverignty in exchange for bailout.

    Wake up.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • FTBFun
    FTBFun Posts: 4,273 Forumite
    You bit. Fantastic.
  • Mallotum_X
    Mallotum_X Posts: 2,591 Forumite
    Part of the Furniture Combo Breaker
    I think i will buy some silver. Im sure thats the answer.
  • Mallotum_X wrote: »
    I think i will buy some silver. Im sure thats the answer.

    That's always the answer. To any problem.
  • julieq
    julieq Posts: 2,603 Forumite
    Will you !!!!!! about silver. I want the price to drop so I can buy some cheap.

    It'd be INSANE to talk the price up of something you want to buy, no?
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