Originally posted by Clippy
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Reply to: The 80's
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Previously on "The 80's"
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Check out the Alex cartoon in the telegraph. He has gone back in time in a dream to see Gordon Gekko in Wall St.
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Then, it was sudden tax reductions in the late eighties which fueled the house boom. This time it is the relaxing of lending controls.Originally posted by KyajaeIf I remember the 90s well, wasn't that the time Thatcher left in 1990, the Major government then eventually collapsed under sleaze and gave way to a NL landslide. The housing market bubble burst. Black wednesday saw interest rates saw to 15%. Sterling got routed on the money markets, etc, etc.
not inconceivable, similar things like this will happen again.
But it was the Tory attempts to get into the Euro which fecked the pound and tipped us into recession. There has been no such trigger under Labour so far.
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An after thought. I viewed a three bedroomed semi detached house in 1994 on the market for £43k (yes, those were the days) It was £1k above the mortgage I wanted to take out and I asked the seller if they would consider dropping to £42k. That's when the seller told me he had £11k negative equity on the house and coudln't go any lower.Originally posted by KyajaeIf I remember the 90s well, wasn't that the time Thatcher left in 1990, the Major government then eventually collapsed under sleaze and gave way to a NL landslide. The housing market bubble burst. Black wednesday saw interest rates saw to 15%. Sterling got routed on the money markets, etc, etc.
not inconceivable, similar things like this will happen again.
So a quick math will tell you the mortgage for him was £54k and he'd lost £11k or 20.4% of the house value. Some people today could still get seriously burned.
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If I remember the 90s well, wasn't that the time Thatcher left in 1990, the Major government then eventually collapsed under sleaze and gave way to a NL landslide. The housing market bubble burst. Black wednesday saw interest rates saw to 15%. Sterling got routed on the money markets, etc, etc.Originally posted by wendigo100Should that read Liverpool fans disgracing themselves in Europe?
Also, England win the Ashes
not inconceivable, similar things like this will happen again.
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Fair point - as an LFC fan myself, I was embarassed by their behaviour.Originally posted by wendigo100Should that read Liverpool fans disgracing themselves in Europe?
Also, England win the Ashes
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Aye, but doesn't seem to be any sign of the bubble popping just yet.Originally posted by KyajaeRemember what happened then in the 90s?
People have very short memories (or actually, only remember what they want) and yes, times, trends etc are cyclical:
Politics
Fashion
Entertainment
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Definitely cheesy, but worth a look to see the old geriatric Stallone in action (actually looks gorier than the previous ones)Originally posted by BurdockI cant access that Rambo link from work...Websense says 'tasteless' (wtf?)
So..someone please tell me...is Rambo really coming back? Is Sly doing it again?!!
Google Rambo 4 trailers to find an alternate source or use a web proxy service to view it.
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Should that read Liverpool fans disgracing themselves in Europe?Originally posted by ClippyI'm beginning to wonder whether we are back in the 80's again:
Rampant house prices
Liverpool FC in Europe
The return of Rocky earlier in the year
The return of Rambo later in the year (http://tinyurl.com/2uw5ja)
Michael 'Tarzan' Heseltine on Question Time last night
Somebody pinch me!
Also, England win the Ashes
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Remember what happened then in the 90s?Originally posted by ClippyTime is eroding that too (that's my exscuse and I'm sticking to it)
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It's as cheesy as the first 3Originally posted by BurdockI cant access that Rambo link from work...
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I cant access that Rambo link from work...Websense says 'tasteless' (wtf?)
So..someone please tell me...is Rambo really coming back? Is Sly doing it again?!!
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Life goes round in cycles. Some of us (including you) have long memoriesOriginally posted by ClippyI'm beginning to wonder whether we are back in the 80's again:
Rampant house prices
Liverpool FC in Europe
The return of Rocky earlier in the year
The return of Rambo later in the year (http://tinyurl.com/2uw5ja)
Michael 'Tarzan' Heseltine on Question Time last night
Somebody pinch me!
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The 80's
I'm beginning to wonder whether we are back in the 80's again:
Rampant house prices
Liverpool FC in Europe
The return of Rocky earlier in the year
The return of Rambo later in the year (http://tinyurl.com/2uw5ja)
Michael 'Tarzan' Heseltine on Question Time last night
Somebody pinch me!Tags: None
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