100,000 could lose their homes if mortgages rise £20 a month

Graham_Devon

RenovationMan wrote: »

Another wriggle. That link says nothing about why you think rates need to stay low and why. You even couldn't help but put a caveat about the "window of opportunity..."

So when was this window of opportunity to put up rates closed?

Yes it does.

They need to stay low, currently, because they can't put them up without making things worse. Things are getting worse without rate rises.

I believe there was a point where they could have put them up without creating the same damage as would be done now, as things were looking better at the time. I may have been right, I may have been wrong. We'll never know, as it didn't happen.

I changed my viewpoint when I saw things were getting worse, especially surrounding Greece and the inevitable default and contagion.

JonnyBravo

RenovationMan wrote: »

Hmn... :think:

http://forums.moneysavingexpert.com/showpost.php?p=44333358&postcount=25

If I felt Graham was "dishing it out" or perhaps deserved this attention due to trolling etc I'd keep quiet but as far as I can see he's not even done his usual round of negative stories. He's posted one where he DISAGREED with it and still gets slated.

Admit it RM, you just want to argue with GD. And plenty of times it's fair enough. Just feel you're the one doing the twisting to get an argument here and that has just happened to follow on the back of days of bore-fest from chucky.

Graham_Devon

Thank You Johnny.

RenovationMan

JonnyBravo wrote: »

As far as I'm aware Graham has recently (a few months ago) changed his stance to say interest rate rises shouldnt be carried out now.

Hmnnn.... :think:

Graham_Devon wrote: »

And to point out, my stance hasn't changed on the danger of keeping rates low

Can I carry on my debate with GD now Jonny, or is it classed as 'baiting' to ask Graham to justify his stance on interest rates in the face of real-life cases of financial hardship?

JonnyBravo

RenovationMan wrote: »

Can I carry on my debate with GD now Jonny, or is it classed as 'baiting' to ask Graham to justify his stance on interest rates in the face of real-life cases of financial hardship?

Absolutely.
I'll leave the two of you to it and I'll leave you to claim the moral highground (as if you would!) from my outrageous disruption of a thread. A reasonable discussion was nearly ruined by me. I am sorry. :rotfl:

RenovationMan

Graham_Devon wrote: »

Yes it does.

They need to stay low, currently, because they can't put them up without making things worse. Things are getting worse without rate rises.

I believe there was a point where they could have put them up without creating the same damage as would be done now, as things were looking better at the time. I may have been right, I may have been wrong. We'll never know, as it didn't happen.

But we do know that the events that 'changed your viewpoint' DID happen....

Graham_Devon wrote: »

I changed my viewpoint when I saw things were getting worse, especially surrounding Greece and the inevitable default and contagion.

So how can you make the above statement and do anything but admit you were wrong by calling for a rate rise and admit that there was no 'window'?

In relation to your response to jonee's post. How would raising rates while 'the window was available' helped him in his situation? How would you say that low rates Jonee is any way a 'way of life' and not a 'lifeline'?

RenovationMan

JonnyBravo wrote: »

Absolutely.
I'll leave the two of you to it and I'll leave you to claim the moral highground (as if you would!) from my outrageous disruption of a thread. A reasonable discussion was nearly ruined by me. I am sorry. :rotfl:

Thank You Johnny.

chucky

JonnyBravo wrote: »

The baiting of Graham is extremely tiresome. I'm all for taking him to task on points where it is a genuine discussion around a point but the last week or two, (yes, since chucky came back and started on him BIG time), have been boring, boring, boring.

I haven't noticed, I see posters making very dubious statements and other posters correcting them. Then again you will have your opinion and see that differently.

JonnyBravo wrote: »

Give the baiting a rest or give the forum a rest.
Please.

Who died and left you in charge?

Niv

Book marked for later hilarity.

I do not generally agree with GD but it does seem that he is getting unfairly slated in this thread.

StevieJ

Graham_Devon wrote: »

I have no idea.

You decided to take the spot on prediction out of your sig as it was "immature" so I did the same.

Absolute rubbish, you removed the sig because my forecast actually proved to be accurate, quite the opposite of what you expected