When will London burst ?

TickersPlaysPop

The London bubble will burst when there is a global situation, such as China crashing.... or serious war etc...

If a lot of the international investors need to pull their money out of the UK it will flood the market with property... Supply and demand

Conrad

TickersPlaysPop wrote: »

The London bubble will burst when there is a global situation, such as China crashing.... or serious war etc...

If a lot of the international investors need to pull their money out of the UK it will flood the market with property... Supply and demand

With China et al crashing as you suggest, the UK would be an even greater safe haven investment.

buglawton

The point of a safe investment is that you can cash it in when you need to.
Case proven.

padington

ciaccino wrote: »

Rubbish! Economies are interconnected. If China pops, the whole banking system pops.

One way to assess your ability to predict markets is to consider how successful you have been up until now with your own investments. How are you doing so far ?

buglawton

A number of people I know who are nothing special about managing money sold up their property (without buying another) or switched to a higher paid job just a month or 2 before the 2008 crash. Does that make them good at predicting markets or just lucky?

ukcarper

buglawton wrote: »

A number of people I know who are nothing special about managing money sold up their property (without buying another) or switched to a higher paid job just a month or 2 before the 2008 crash. Does that make them good at predicting markets or just lucky?

If they live in the south east and haven't bought again I would say they were bad at predicting markets or unlucky.

Generali

ciaccino wrote: »

Rubbish! Economies are interconnected. If China pops, the whole banking system pops.

What level of exposure to Chinese debt do you think that Western Banks have, given that China has strict and effective capital controls?

wotsthat

ciaccino wrote: »

Unlike the overall majority on this board I have 0% debt and never had.

That's the answer to a different question.

antrobus

ciaccino wrote: »

.... unlike the UK which has almost no gold left, thanks to Gordon Brown.

The UK has 310 metric tonnes of gold. If you think 310 metric tonnes of gold amounts to "almost no gold", I think you should try shifting it by hand, and see how long it takes you.:)

Generali

ciaccino wrote: »

No, they don't. Their shadow banking system is probably bigger than US and UK together. Official data cannot be trusted, especially in the case of the Chinese.

What hedges the Chinese economy is that they are the biggest hoarders of physical gold. In case of a global meltdown they would survive and rebuild their economy, unlike the UK which has almost no gold left, thanks to Gordon Brown.

The shadow banking system has little if anything to do with the FX market.

!!!!!! does gold have to do with the price of bacon? Are you seriously suggesting that if the world's finance system collapses, China could finance her shortfall in food and pharma production by shipping gold to the Middle East, buying up some oil. Then using some of that oil to ship some more gold to Australia to swap for food? You're nuts. Seriously, think through the consequences of what you are saying. You can't eat gold, f... gold and it won't cure your cancer so what use is it?

Oh and what exposure to the West's banking market do you think the Chinese shadow banking system has?