New Statesman: 'Crash: The housing crisis is just beginning'

JanCee

Behave yourself pickles otherwise brit1234 will do us another BIG picture.

gingin_2

pickles110564 wrote: »

gingin what you doing now R&R has finished?

you have lost me

*MF*

!!!!!!? wrote: »

I think that this is the video you are talking about:

http://www.youtube.com/watch?v=4XhvG_fD0HA

Krugman gives a talk at Google - ostensibly to promote his book but instead he gave a general talk about the pending economic crisis as he felt it was more important.

It's over an hour long but well worth watching. He gives an excellent insight into the property/credit bubble and is a pretty good speaker.

Hi !!!!!! ...

This one (for anyone interested) is shorter - and older, and shows he knew the bust was coming way back ... bottom line for Krugman (I think) is that the divide between the really rich, and all the rest of us is widening, and got even wider in the property boom (not just housing), and whilst those who made the cash, still retain it, the rest of us are now picking up the tab - and it is a big tab.

http://www.youtube.com/watch?v=qo4ExWEAl_k

Without straying too far from the topic, I first picked up on Krugman when I bought a book he had written about stagflation in Japan, and explained the basic economics in terms of a baby-sitting circle - lol, at last I began to understand the complex via the simple. I have read (and watched) him ever since. YouTube is a great source - and hey - free!

bluejake

mr.broderick wrote: »

House round the corner been up for sale for £320,000 since march, he's accepted an offer for £325,000 yesterday

Don't believe you troll. No one is that !!!!!!.

mr.broderick

bluejake wrote: »

Don't believe you troll. No one is that !!!!!!.

Yeah 3 interested parties apparently, it was the only figure that he would take it off the market at, no chain.

3under3

mr.broderick wrote: »

House round the corner been up for sale for £320,000 since march, he's accepted an offer for £325,000 yesterday

Maybe last year it would've sold for 400k....:rolleyes:

PasturesNew

JanCee wrote: »

Behave yourself pickles otherwise brit1234 will do us another BIG picture.

I have pictures turned off (it's in the "User CP" area).
I just see a link and choose if/not to click.

PasturesNew

gingin wrote: »

you have lost me

R&R was some Tesco thing. Refund & Retain. You get a refund and you get to keep the goods.

I've just researched it (via pickles' history) and you had to rush like a maniac into Tesco, delve like a bag lady into piles of goods looking for any products where the price was wrong. Then you buy them. Then go to customer services and get your money back AND keep the goods because they had mis-priced it. It's where the price was different to what they showed on the shelf.

PasturesNew

I also have evidence pickles is human:
http://forums.moneysavingexpert.com/showpost.html?p=3505883&postcount=156

You can smell the fear... let's hear it: AWWWWWWWW cute!!!!

[insert gratuitous group hug icons]

ManAtHome

The favourite "green shoots" anagrams last time round (1990-1995 ish) were "Goner's ethos" or "Those Goners" - at least lament blagged his plattie-pension, your mileage may have varied (as they rarely say...).