-
-
Re: British Bank require £250 Billion.......Now-ish
the article says mortgage money is drying up due to "market failure"...
(Rolling my eyes) -
Re: British Bank require £250 Billion.......Now-ish
You know, i am trapped right now living in Liverpool because of Fools bidding up the prices of houses. My heart sank in 2005 when we had yet another record year.., i been Carjecked 18 months before and i was VERY close to the edge.............everyone getting excited..."We Rich...we have so much money".
Jumping around like they won the Lotto, oh My things have and ARE going to change
"May you live in intresting times"
Yep!
MikeComment
-
Re: British Bank require £250 Billion.......Now-ish
Mike I wish my kids were a bit older - I do see times getting a bit more intresting lolOriginally posted by Mega View PostYou know, i am trapped right now living in Liverpool because of Fools bidding up the prices of houses. My heart sank in 2005 when we had yet another record year.., i been Carjecked 18 months before and i was VERY close to the edge.............everyone getting excited..."We Rich...we have so much money".
Jumping around like they won the Lotto, oh My things have and ARE going to change
"May you live in intresting times"
Yep!
MikeComment
-
Re: British Bank require £250 Billion.......Now-ish
I been planning this for many years, i read EJ, Peter S Marc, Jim Rogers, Jim P.............I made all the moves i can think of. I don't have you guys wedge but i saved all my life and unlike 99% of other i have "options" now.
Rick, i don't think it going to be that bad, i mean they let the Banks put the loessers off the balance sheet. Over say 10-20 years they move them back on. Hyper inflation will "dull" the numbers. Yes there is going to be rough times ahead, but there is also going to be opertunatys as well.
Every day i go into work i see less & less BMW/Merc types. I got one guy spotted who had to "Down size" to a GM weck
Much saddness but much joy as well.
MikeComment
-
Re: British Bank require £250 Billion.......Now-ish
Originally posted by Mega View Post
Hyperflation is the lesser evil, but i'm afraid we'll be getting stagflation, rising living costs, rising unemployment, and falling asset prices.Comment
For a concise, readable summary of iTulip concepts developed over the past 16 years and a vision of a challenging next decade and how to navigate it, read Eric Janszen's book "Post Catastrophe Economy".
Join the discussion of today's events with a wide range of professionals with an interest in economics and finance. Register to join our 50,000 plus member registered community from 78 countries today.
Subscribe to iTulip Select for access to the longest running, deep, accurate, and unvarnished macro economic trends analysis and forecasting available, since 1998.
- If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.
Working...
Tweet
Comment