Oh Dear: What's that on the horizon ?

[ElectricChair]

http://www.economist.com/finance/dis...ory_id=9725432

[milanbenes]

I hope you are right Blaster

Milan.

[ElectricChair]

Can't wait. The next uplift in the economic cycle could be a very good chance to make money, provided you have a lot of liquid capital at the start.
The problem is that the coming recession will be long, painful and prolonged, and may necessitate dipping into the pot.

plenty of interest rate cuts to come first - I still think 2/3 years to go.

[BlasterBates]

Personally I think this'll hit BTL investors, and I think we'll see a round of sackings in the City, in particular Barclays that seems to have misplaced 1.5 billion pounds. But I don't think it is a repeat of the late eighties, early nineties. I think the world economy will pull the rest of the UK out, so whereas the City will take a hit I think Telco's & industrials are looking good. In contrast to private property, commercial property (not BTL) looks OK.

[milanbenes]

Morning Sas,

Blaster,

I think more and more the only thing that can be done to keep a serious recession from coming is to bring in multi-generational mortgages and lower interest rates

yes the bang is going to come at some point, but the task for now is to stop it happening any time soon

What do you think ?

Will helicopter ben reduce rates ?

Milan.

[sasguru]

Can't wait. The next uplift in the economic cycle could be a very good chance to make money, provided you have a lot of liquid capital at the start.
The problem is that the coming recession will be long, painful and prolonged, and may necessitate dipping into the pot.

[BlasterBates]

Just as a reminder from our discussion yesterday

From an earlier thread

[milanbenes]

http://business.timesonline.co.uk/to...cle2358098.ece

‘America is facing housing crisis and UK could be next’

All the best,

Milan.