The Mega Doomed Thread

[AtW]

Looks like massive inflation on the way, can't see any other way out.

2100% per annum in Russia in 1992

[vetran]

Massive inflation I think

Looks like massive inflation on the way, can't see any other way out.

[RandyW]

Jenna Jameson wasting away

Link

[RandyW]

Miss France faces calls to resign

Link

[RandyW]

Graham Norton's looking for young boys

Link

[2uk]

Prawn doing a doom thread - that cant be good

[sasguru]

Woman and children first lads .....

Only if they're financially astute, otherwise stuff 'em.

[sunnysan]

Sentiment

Well

it seems that sentiment is the forerunner and the more people that say it will go badly tits up the more likely it will.

My barometer is that estate agents are not even pretending that its ok anymore (except Foxtons, but they are amoebas)

I would say have a nice wedge put aside for a rough time,

Woman and children first lads .....

[BlasterBates]

A report I read from one reputable bank (not British) reckon that UK house prices will hold up just dipping slightly.

It will be an interesting year, we'll see. Personally I'm not convinced, and if I were a BTL'er I'd be sh*tting bricks (as they say).

[DimPrawn]

Bad news is good news for me. Please post some real bad news.

HTH

Our government is financially and morally bankrupt. They need a lot of money fast. Your money. Expect some incredible tax increases on top of the incredible tax increases we've seen over the last 10 years.

It wouldn't surprise me to see the top rate of income tax at 90%.

HTH

[sasguru]

Bad news is good news for me. Please post some real bad news.

HTH

[Moscow Mule]

My first bit of bad news today

We've run out of milk, so no cornflakes for me. I'll have to have toast.

[DimPrawn]

Please post all bad news here.

http://www.guardian.co.uk/business/2...cs.houseprices

Repossessions likely to rise by more than 50%, say surveyors

http://www.guardian.co.uk/money/2007...s.creditcrunch

Mortgage lending suffers first fall in two years

http://www.guardian.co.uk/business/2...s.creditcrunch

Friends Provident freezes property fund
· More than 100,000 unable to access their money
· Other trusts could face stampede for withdrawals


http://www.guardian.co.uk/business/2...market.renting

Rental demand through the floor

http://www.guardian.co.uk/business/2...unch.economics

New liquidity rules could force up mortgage rates

http://www.guardian.co.uk/business/2...y.creditcrunch

Developers are braced for a nightmare
Property prices have fallen by up to 20 per cent and the vultures are circling, writes Nick Mathiason