Archive for 2010

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My Opinion On The Bank Of England’s Inflation Report

Saturday, January 23rd, 2010

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Originally Posted 14th August 2008
As Mervyn King said, “The British economy is going through a difficult and painful adjustment, and we’re going to do f**k all to help!”
Well, he actually said the first part of that in reality, the second part was added by me as I felt that this is basically what he said [...]

Negotiating A £20,000 Discount from the Estate Agent Does Not Necessarily Make It A Good Deal

Saturday, January 23rd, 2010

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Originally Posted 5th August 2008
Last year people were in a way protected because they did not think they could find a deal. This lack of knowledge prevented some from making mistakes as they didn’t think they had a deal. It also prevented some from acting as they didn’t know what a deal looked like so [...]

Why Aren’t We Hearing About How Well The US Economy Is Doing?

Saturday, January 23rd, 2010

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Originally Posted 30th July 2008
The truth of the matter is that the US economy is not in recession and it doesn’t even look likely to go that way anymore this year. In fact the figures about to be released should be around 2% which would make it miles away from recession. Now when you consider [...]

Did They Really Say Those Things, No, Did They Really?

Saturday, January 23rd, 2010

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Originally Posted 17th July 2008
Hi,
I thought you’d like to see some email correspondence I’ve been having with an economist friend of mine.
My email to him:
There’s been a couple of moments when I thought I was dreaming in the last couple of days so thought I’d write you for a reality check…
Did Bernanke really say that [...]

We’re In The Silly Season Where Supply And Demand Fundamentals Are Ignored

Saturday, January 23rd, 2010

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Originally Posted 16th July 2008
We’re In The Silly Season Where Supply And Demand Fundamentals Are Ignored
The good fight that the Bank of England and the ECB are fighting against inflation to the detriment of the economy could very well all be just a waste of time that actually keeps the economy in a recession for [...]

Key Points Of Today’s Property Market

Saturday, January 23rd, 2010

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Originally Posted 15th July 2008
What is today’s market?
Stated another way the question is – ‘Is there really a property market?’
The media would have you believe that ‘THE MARKET’ fell by a X percent last month and it has fallen by X percent since this time last year. So what does that actually mean? It means [...]

Will they raise the base rate? Part 2

Saturday, January 23rd, 2010

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Originally posted 3rd July 2008
These people know what they are doing so if you are going to America shortly then I would change your money before Thursday at 12.00pm as it stands at $2.015 for just £1. Me, if I was a betting man would be looking at putting a short in place on the [...]

Will they raise the base rate? Part 1

Saturday, January 23rd, 2010

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Originally posted 2nd July 2008
There’s a hell of a lot of chat about interest rates this week. I’m left undecided as to which way they are going to go, but my best guess is at the bottom. I think there are a lot of factors to take into consideration. Before I go into them though [...]

Limits on workers migrating from Eastern Europe may end

Saturday, January 23rd, 2010

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Originally posted 25th June 2008
The cap that the Home Secretary put on levels of immigration last October may be relaxed or end altogether shortly.
If this happens then this will increase the upward price pressure on property and provide a low cost work force that will help the economy grow.
However, they are thinking of coming up [...]

Just One Reason Why The UK Will Not Crash In Prices

Saturday, January 23rd, 2010

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Originally Posted 16th June 2008
There are a lot of people quoting parallels between the US and the UK property market and citing Spain as a warning of what there is to come. There is also the declining market in Ireland which again, after its rapid price correction, is now not really much of a surprise [...]

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