Originally posted by PurpleGorilla
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Calling bottom on house price market
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Originally posted by ChimpMaster View PostYou might think you'll be in a position to gloat, as perhaps other people on the sidelines might be thinking. Perhaps you believe that this is the day you've been waiting for all this time and that you will finally be able to take advantage of cheap assets whilst pointing fingers at those who will inevitably suffer greatly. The truth is far worse than what you might be expecting, and really there is very little you will be able to either prepare or to benefit from it.Comment
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Originally posted by PurpleGorilla View PostGiven average joe has mountains of debt and exposure, I will be just dandy.
Consider this: those with debt in 2008 did very well from the 'crisis'.
Those without jobs didn't fare so well. Now, look at our friends and colleagues who are suffering the fallout from oil. You can't grow if you don't have a job, if you don't have income. It's an awful and terrifying position to be in, one that many in your generation have not yet seen.Comment
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Originally posted by ChimpMaster View PostWhat's going to be worthwhile holding? Stocks, oil, gold, farmland, property, shotguns?
Consider this: those with debt in 2008 did very well from the 'crisis'.
Those without jobs didn't fare so well. Now, look at our friends and colleagues who are suffering the fallout from oil. You can't grow if you don't have a job, if you don't have income. It's an awful and terrifying position to be in, one that many in your generation have not yet seen.
It's the one thing they're not making anymore."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostAs always: land
It's the one thing they're not making anymore.
List of artificial islands - WikipediaComment
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Originally posted by ChimpMaster View PostWhat's going to be worthwhile holding? Stocks, oil, gold, farmland, property, shotguns?
Originally posted by ChimpMaster View PostNow, look at our friends and colleagues who are suffering the fallout from oil. You can't grow if you don't have a job, if you don't have income. It's an awful and terrifying position to be in, one that many in your generation have not yet seen.Comment
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I was informed a few days ago that the person dealing with decision on whether to accept my offer for flat or not got into car accident and received head injury ...
New person was appointed - no decision yetComment
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