Will there be a Grexit?

[DimPrawn]

TBH rates at 5% would probably screw most people over. The point I was making, is that for me 16% would not be a problem.

Rates at 5% would be great. But we are a few years away from that I think unless the £ well and truly tanks.

Me!Me!Me! again?

WGAS about you and your whiny little pipe dreams. So you own a house and want to see it lose 50% of it's value. Good luck with that.

[suityou01]

Me!Me!Me! again?

WGAS about you and your whiny little pipe dreams. So you own a house and want to see it lose 50% of it's value. Good luck with that.

Shocking isn't it DP

[PurpleGorilla]

Me!Me!Me! again?

WGAS about you and your whiny little pipe dreams. So you own a house and want to see it lose 50% of it's value. Good luck with that.

You just don't get it do you. I want a crash for my generation. For generation rent. There is a huge debt bubble, the economic cycle is close to the next downturn (certainly within the next 5 years), this time round there will be no bail outs. To Big - your problem - you are going to have To Fail. If my house falls 50% then the next house falls 50%. Happy days.

£200 - £100k (I'm down £100k)
£400 - £200k (it's down £200k)

lets' correct, put some proper controls in place, and move beyond housing as an asset and what it should be: homes.

Will a lot of people get tuliped. Of course they will. Hopefully most of them will be boomers

[Zero Liability]

Ah the Thatcher ideologies. Nice work!

No, more like reality at work. Interest rates - at least official ones - are being suppressed and have been for decades. Because this is done by manipulating demand for bonds, the 'risk free' asset par excellence, it is infecting all asset classes.

[suityou01]

No, more like reality at work. Interest rates - at least official ones - are being suppressed and have been for decades. Because this is done by manipulating demand for bonds, the 'risk free' asset par excellence, it is infecting all asset classes.

Mostly commodities right now. I predict a return to mean for commodities between now and the end of the year. Buy buy buy!

[Zero Liability]

Yeah, the end of China's inflationary credit bubble won't be kind to commodities at all.

[BrilloPad]

Ronaldo 'gives football agent Mendes Greek island' - BBC News

He must really hate his agent. Soon that will be worth a billion drachma. Or about 5p.

[cojak]

Just after Greece conned their way into another bailout last Thursday.

Greece crisis: PM Tsipras 'to hold September election' - BBC News

[BrilloPad]

If they have any sense they will vote for a party who will take them out of the Euro.

[Zero Liability]

If they have any sense they will vote for a party who will take them out of the Euro.

Looking at the figures in this article, sense is the one thing they - and most of Europe - lack.