PPRuNe Forums - View Single Post - Growing Evidence That The Upturn Is Upon Us
Old 1st Sep 2009, 07:58
  #2927 (permalink)  
Wee Weasley Welshman
 
Join Date: Feb 2000
Location: England
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Japan is a massively exporting nation and we are not. We will suffer very high inflation as a consequence of printing hundreds of billions of pounds worth of funny money. The only way to stop a Sterling collapse will be to offer an attractive rate of interest to the world. We will have high interest rates.

That's when house prices will stage their second collapse.

Anyway. Real interest rates are much higher than 0.5%. Tried getting a mortgage for less than 5% lately?

The debt-monster really will eat us.


WWW

ps Goldman are brazen.
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