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Interest rate in 2008/2009

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    Interest rate in 2008/2009

    Time to vote.
    16
    Will fall as BoE must prevent crash
    50.00%
    8
    Will rise as inflation and wage increases bite hard
    12.50%
    2
    Will stay the same as the BoE haven't a clue
    37.50%
    6
    Something else. Pray tell.
    0.00%
    0

    #2
    The BofE will allow inflation to rise and will cut rates...serves the purposes of eroding debt faster.
    It's a win-win. Boomed I tell yer ...
    Hard Brexit now!
    #prayfornodeal

    Comment


      #3
      Originally posted by sasguru View Post
      The BofE will allow inflation to rise and will cut rates...serves the purposes of eroding debt faster.
      It's a win-win. Boomed I tell yer ...
      Making houses look very cheap, and pushing the UK house prices into the stratosphere, fuelling BTL frenzy, causing a shortage of homes for FTB's, pushing up house prices.....

      Comment


        #4
        Originally posted by DimPrawn View Post
        Making houses look very cheap, and pushing the UK house prices into the stratosphere, fuelling BTL frenzy, causing a shortage of homes for FTB's, pushing up house prices.....
        Sheer genius, innit?
        Hard Brexit now!
        #prayfornodeal

        Comment


          #5
          If only the banks wanted to lower interest rates
          The court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.

          But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.”

          Comment


            #6
            Originally posted by sasguru View Post
            Sheer genius, innit?
            Perpetual Money Machine ™

            Comment


              #7
              Originally posted by Bagpuss View Post
              If only the banks wanted to lower interest rates
              They want it, but they don't have it, though they might be tempted to borrow from USA now using their low interest rates and then invest into UK/eurozone also making money on the fact that dollar depreciates.

              All that instead of investing into real industry that could compete with China: better tell your kids to learn Mandarin.

              Comment


                #8
                It's over. The 2001-2007 House Price Bubble was the last gasp from dying Britain. Once peak debt is over there will be nothing to compete against China's authoritarian capitalism.

                Comment

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