Oh Dear: What's that on the horizon ?

**BlasterBates** · 31 August 2007, 09:32

Just as a reminder from our discussion yesterday

**sasguru** · 31 August 2007, 09:38

Can't wait. The next uplift in the economic cycle could be a very good chance to make money, provided you have a lot of liquid capital at the start.
The problem is that the coming recession will be long, painful and prolonged, and may necessitate dipping into the pot.

**milanbenes** · 31 August 2007, 09:43

Morning Sas,

Blaster,

I think more and more the only thing that can be done to keep a serious recession from coming is to bring in multi-generational mortgages and lower interest rates

yes the bang is going to come at some point, but the task for now is to stop it happening any time soon

What do you think ?

Will helicopter ben reduce rates ?

Milan.

**BlasterBates** · 31 August 2007, 10:38

Personally I think this'll hit BTL investors, and I think we'll see a round of sackings in the City, in particular Barclays that seems to have misplaced 1.5 billion pounds. But I don't think it is a repeat of the late eighties, early nineties. I think the world economy will pull the rest of the UK out, so whereas the City will take a hit I think Telco's & industrials are looking good. In contrast to private property, commercial property (not BTL) looks OK.

**ElectricChair** · 31 August 2007, 11:36

Originally posted by sasguru View Post

Can't wait. The next uplift in the economic cycle could be a very good chance to make money, provided you have a lot of liquid capital at the start.
The problem is that the coming recession will be long, painful and prolonged, and may necessitate dipping into the pot.

plenty of interest rate cuts to come first - I still think 2/3 years to go.

**milanbenes** · 31 August 2007, 11:38

I hope you are right Blaster

Milan.

**ElectricChair** · 31 August 2007, 11:45

http://www.economist.com/finance/dis...ory_id=9725432

Oh Dear: What's that on the horizon ?