Housing Crash Coming

Getting_greyer

Malthusian wrote: »

As safe as pretty much any other high street skilled profession (accountancy, law, hairdressing, etc).

I don't see that a funeral director has any special advantages. They can still hit difficulties if a cheaper funeral director opens nearby, or the local population declines, or there's a temporary lack of people dying, etc.

Reading the full thread and come across this absolute gem of a post. Apologies as I'm taking the post out of context but this would make a brilliant headline. "People hold off on dying due to Brexit uncertainty."

Floorspeed

The derivatives market is probably likely going to be the culprit. I am no expert on it all but people go on about it being the everything bubble in terms of debt. When the inverted yield curve happened on the 10 year treasury bond in the United States that was a indication of a recession coming which has always been 100% correct within a 12-36 month period after a prolonged inversion of the yield curve. ( 3 months or more)

This is another reason why I am fighting to get out of debt as quickly as possible just in case my job in the future is affected by a shock to financial global system.

Being a gold and silver/ precious metals saver in the past I always hope for the best but prepare for the worst. My only advice would be to think for yourself and your future and plan for a recession which in turn will affect interest rates, house prices and the majority of financial instruments used by traders.

Either way all roads will end up towards the banks being the problem unless hyperinflation happens then it’s the central banks and governments problem and that would be far far worse.

Hopefully the banking sector just kick the can down the road again bailing banks out again and saving many from going going broke or worse... death.

Hope this helps some what.

Getting_greyer

A big recession happening in 2021 would be the worst time politically for the PM. Do you think this would mean massive public investment initiatives to create jobs and demand? Interest rates dont have really anywhere to go from 0.75 atm.

RelievedSheff

Getting_greyer wrote: »

A big recession happening in 2021 would be the worst time politically for the PM. Do you think this would mean massive public investment initiatives to create jobs and demand? Interest rates dont have really anywhere to go from 0.75 atm.

Interest rates have already been lower than 0.75% so they certainly can go lower again!

Getting_greyer

RelievedSheff wrote: »

Interest rates have already been lower than 0.75% so they certainly can go lower again!

Yes they can, but the increment is lower and therefore the effect is lower. Would 0% be enough to stimulate private investment? Would it need high inflation for real terms negative rates before they invest? QE ?

All hypothetical but I like to wonder what is more palatable to no.10. Is it adding to the national debt with billions of public infrasture programmes to keep unemployment low or is it pump billions through QE which means austerity part deux.

Crashy_Time

FTSE 100 »7,412.05-2.29%
Euro Stox »1,619.00-2.26%
S&P »3,243.42-1.58%
Nikkei 225 »23,343.51-2.03%

51mm5

Floorspeed wrote: »

The derivatives market is probably likely going to be the culprit. I am no expert on it all but people go on about it being the everything bubble in terms of debt. When the inverted yield curve happened on the 10 year treasury bond in the United States that was a indication of a recession coming which has always been 100% correct within a 12-36 month period after a prolonged inversion of the yield curve. ( 3 months or more)

This is another reason why I am fighting to get out of debt as quickly as possible just in case my job in the future is affected by a shock to financial global system.

Being a gold and silver/ precious metals saver in the past I always hope for the best but prepare for the worst. My only advice would be to think for yourself and your future and plan for a recession which in turn will affect interest rates, house prices and the majority of financial instruments used by traders.

Either way all roads will end up towards the banks being the problem unless hyperinflation happens then it’s the central banks and governments problem and that would be far far worse.

Hopefully the banking sector just kick the can down the road again bailing banks out again and saving many from going going broke or worse... death.

Hope this helps some what.

Hi AG47 :rotfl:

triathlon

Crashy_Time wrote: »

FTSE 100 »7,412.05-2.29%
Euro Stox »1,619.00-2.26%
S&P »3,243.42-1.58%
Nikkei 225 »23,343.51-2.03%

What are we supposed to be looking at CT?

Not sure what you are looking at, but what I am seeing is what the FTSE and world stock markets doing what they do ALL THE TIME

lisyloo

Crashy_Time wrote: »

FTSE 100 »7,412.05-2.29%
Euro Stox »1,619.00-2.26%
S&P »3,243.42-1.58%
Nikkei 225 »23,343.51-2.03%

FTSE is up today.
Down one day, so what?

phillw

Getting_greyer wrote: »

Is it adding to the national debt with billions of public infrasture programmes to keep unemployment low or is it pump billions through QE which means austerity part deux.

Like with brexit the PM will do what is right for the 0.001% who fund him.
He like Farage have the ability to get slightly more suckers to follow them than the people who know they are liars.