Boris announcement on new deposit scheme?

takanodia

Salemicus said:

I'm not an expert. If you don't know your !!!!!! from your elbow, that doesn't mean I am a professor of medicine for telling them apart.

Rising unemployment over the next 12 months would be bad. But it would not be a depression. Do you even know what a depression is?

I said if unemployment keeps raising at the current rate it will lead to the Greatest Depression 

if you disagree please explain?

takanodia

Salemicus said:

takanodia said:

London has seen around 30% crash already

Source?

I can’t post with links but it’s everywhere just google it

transaction volumes down 50% rents down 30% , revenue down 70%

noitsnotme

takanodia said:

Salemicus said:

takanodia said:

London has seen around 30% crash already

Source?

I can’t post with links but it’s everywhere just google it

You can post URLs without the www bit or put a space between the main part and .co/uk or .com.

takanodia

noitsnotme said:

takanodia said:

Salemicus said:

takanodia said:

London has seen around 30% crash already

Source?

I can’t post with links but it’s everywhere just google it

You can post URLs without the www bit or put a space between the main part and .co/uk or .com.

Thanks, but I hope soon I can post with proper links

im definitely not going to spam and I’m definitely not going to break any forum rules

takanodia

Landlordtodaylondon rents may never recover it won’t yet let me post the link

Rents in London Aldgate (down 34 per cent) and continue to fall

noitsnotme

takanodia said:

noitsnotme said:

takanodia said:

Salemicus said:

takanodia said:

London has seen around 30% crash already

Source?

I can’t post with links but it’s everywhere just google it

You can post URLs without the www bit or put a space between the main part and .co/uk or .com.

Thanks, but I hope soon I can post with proper links

im definitely not going to spam and I’m definitely not going to break any forum rules

I think you’ll find you fall under this, from the forum rules...

”PPR (posting privileges removed) is the term we use when we stop someone posting on the forum. This can be temporary or permanent. We don't remove people's posting privileges lightly. We can refuse permission to post without giving a reason and the ban applies to any/all user accounts used by or in the name of that person.”

Salemicus

I am aware that rents on the spareroom website (i.e. mostly flatshares) in Aldgate (i.e. one specific area of London) were reported as down 34%. That is not the same thing as London rents being down 30%. That same article said rents across London on spareroom were down just 7%. It didn't say they were continuing to fall.

So once again you are just making stuff up.

Salemicus

takanodia said:

Salemicus said:

I'm not an expert. If you don't know your !!!!!! from your elbow, that doesn't mean I am a professor of medicine for telling them apart.

Rising unemployment over the next 12 months would be bad. But it would not be a depression. Do you even know what a depression is?

I said if unemployment keeps raising at the current rate it will lead to the Greatest Depression 

if you disagree please explain?

Ok, so you have no idea what a depression is.

For the record, if UK unemployment continues rising at its current rate, then in 12 months time there will be just over 2 million unemployed. The unemployment rate would be lower than in 2014. Were we in another great depression then? It would take another 4 years after that of continuing to increase at the current rate to hit the unemployment rate of 1984 - which was also not a great depression.

takanodia

Salemicus said:

I am aware that rents on the spareroom website (i.e. mostly flatshares) in Aldgate (i.e. one specific area of London) were reported as down 34%. That is not the same thing as London rents being down 30%. That same article said rents across London on spareroom were down just 7%. It didn't say they were continuing to fall.

So once again you are just making stuff up.

Do you think there is a turn around?

you think the crisis is over and people will be going back to work now?

i think you are on your own there buddy

takanodia

Salemicus said:

takanodia said:

Salemicus said:

I'm not an expert. If you don't know your !!!!!! from your elbow, that doesn't mean I am a professor of medicine for telling them apart.

Rising unemployment over the next 12 months would be bad. But it would not be a depression. Do you even know what a depression is?

I said if unemployment keeps raising at the current rate it will lead to the Greatest Depression 

if you disagree please explain?

Ok, so you have no idea what a depression is.

For the record, if UK unemployment continues rising at its current rate, then in 12 months time there will be just over 2 million unemployed. The unemployment rate would be lower than in 2014. Were we in another great depression then? It would take another 4 years after that of continuing to increase at the current rate to hit the unemployment rate of 1984 - which was also not a great depression.

You can try to fudge the numbers if you like, lies damn lies and statistics!

In reality if the economy carries on in this direction at this speed with this many businesses going under and this many become unemployed every month, then there will be the greatest depression ever in less than 4 years.

The question is will the economy keep crashing at this speed or will the decline speed up?

The central planners are trying every trick in the book but we are now past the point of no return, they can create as many numbers into their bank accounts as they can, creating fiat currency out of thin air and adding it to the rapidly expanding currency supply will only speed up the decline.