Boom leads to....

[AtW]

If you don't like defaults then don't switch...

[DimPrawn]

'No end in sight' for global economic misery, warns World Bank

No end to misery. Sounds like CUK has gone global.

[BrilloPad]

We could do with some large US companies going bust. They operate in the UK on an unfair tax advantage.

[vadhert]

This is all wonderful news for gold.

[DimPrawn]

Junk in the trunk

U.S. April Junk Defaults Reach $14 Billion, Most Since 2014 - Bloomberg

Defaults for U.S. high-yield bonds have topped $14 billion in April -- the largest monthly volume in two years, according to Fitch Ratings -- and the month isn’t even half over.


Doom it's a coming!

[AtW]

This is not the bust you looking for...

[bobspud]

As stupidity levels in this country rise to astronomical levels, there are actually lefty academics who advocate printing unlimited amounts of money, paying everyone in the country 50K (the idea of Basic Income) and helicopter drops.
All of which lead to the debasement of the currency.
There's no one more stupid than a fool with a PhD.

So what I am hoping for is that we can buy our new house just in time for some rampant inflation so that I can pay the mortgage of out of my beer fund

Surely its a boom for every one then

[DimPrawn]

The only inflation will be in house prices.

And that is a good type of inflation, it's fooking great - tomorrow I'll wake up a lot richer, tax free too

You can laugh at the idiots on the House Price Crash website now.

[PurpleGorilla]

Boom leads to....

You can laugh at the idiots on the House Price Crash website now.

Yeah an entire generation fooked by greedy BTL and bankers. Hilarious.

[DimPrawn]

Yeah an entire generation fooked by greedy BTL and bankers. Hilarious.

Rubbish! I'd say at least 5 generations.