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Debate House Prices


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shares crash worldwide

ftse -2.9%
dax -3.28%
dow -2.34%
cac40 -3.66%

on news that the fed may scale back its stimulus later in the year
«13456

Comments

  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You think that's bad?

    Take a look at the ongoing crash in silver and gold. :)

    Gold down 85 bucks an ounce today alone! And silver now approaching 60% down from peak.

    The bugs are getting splattered.....
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    House prices up though.:)
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    It's a bloody disaster, Gilt yields have risen to the point where the British government is paying almost as much as the rate of inflation to borrow money for 10 years!

    The sky is falling in.
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    House prices up though.:)

    Rejoice.

    ....
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Heard something rather perverse on the radio earlier....

    The next financial crisis could well be caused by the "fix" for the last financial crisis. Was stated that the last 5 years could be the most expensive years ever known in history.

    What was also stated was that we are currently writing text books for students to read and learn from 100 years from now.
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    Heard something rather perverse on the radio earlier....

    The next financial crisis could well be caused by the "fix" for the last financial crisis. Was stated that the last 5 years could be the most expensive years ever known in history.

    What was also stated was that we are currently writing text books for students to read and learn from 100 years from now.

    Will text books exist?
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Will text books exist?

    i-textbooks might!
  • globalds
    globalds Posts: 9,431 Forumite
    Bitcoins are up :)
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    globalds wrote: »
    Bitcoins are up :)
    As they're backed only by consumer confidence..... that could go t1ts up too.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    globalds wrote: »
    Bitcoins are up :)

    Good news for drug dealers.
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