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Credit Crunch ™ is over

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    Credit Crunch ™ is over

    Fact one. Libor is at the same level as 2001 to 2006, commonly known as the boom / credit era.

    Fact two. Mortgage approvals are up.

    Fact three. People on CUK are no longer talking about bench time, rate cuts and going permie, but are arguing over the definition of a Chav.


    I don't subscribe the the W shaped recovery. This is the real deal. Gordon has transformed and turned the UK around.

    This would never have happened under the Tories.

    #2
    WHS. This would never have happened under the Tories.
    Hard Brexit now!
    #prayfornodeal

    Comment


      #3
      http://news.bbc.co.uk/1/hi/business/8211315.stm

      Comment


        #4
        http://news.bbc.co.uk/1/hi/scotland/...st/8210651.stm

        Comment


          #5
          http://news.bbc.co.uk/1/hi/business/8211204.stm

          Comment


            #6
            Next month sees the start of Hyper ™ Inflation ! Should be fun!
            Speaking gibberish on internet talkboards since last Michaelmas. Plus here on Twitter

            Comment


              #7
              Vote Labour you know it makes sense. The Tories will simply squeeze everything and all the gravy trains that contractors rely on will be terminated.

              hth
              Hard Brexit now!
              #prayfornodeal

              Comment


                #8
                Originally posted by DimPrawn View Post
                Fact one. Libor is at the same level as 2001 to 2006, commonly known as the boom / credit era.

                Fact two. Mortgage approvals are up.

                Fact three. People on CUK are no longer talking about bench time, rate cuts and going permie, but are arguing over the definition of a Chav.


                I don't subscribe the the W shaped recovery. This is the real deal. Gordon has transformed and turned the UK around.

                This would never have happened under the Tories.
                So we had a recession caused by borrowing too much. We borrowed more and now all is well?

                Comment


                  #9
                  Originally posted by sasguru View Post
                  Vote Labour you know it makes sense. The Tories will simply squeeze everything and all the gravy trains that contractors rely on will be terminated.

                  hth
                  WHS.

                  This is a fantastic gravy train opportunity. The Tories will try and handle the public and private debt, manage the economy properly. and the whole house of cards will collapse.

                  Comment


                    #10
                    Originally posted by MrMark View Post
                    Next month sees the start of Hyper ™ Inflation ! Should be fun!
                    Yeah I can't wait! Money in bank, haven't fixed it (on crappy rates) for a few months now because I'm waiting for the inflation boom.

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