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Fergus Wilson predicts that prices will double every seven years and says the typical property he owns - a £200,000 two- to three-bed starter home - will cost £400,000 by 2013, £800,000 by 2020 and £1.6m by 2027.
Juxtapose these apocolypse scenarios with the tales of limitless wealth from BTL et al being posted just a few years ago.
There is something about human psyche that can't deal with steady, it has to be one extreem or the other. Fear/Greed, Panic/Ephoria, I wonder why this is?
What actually happens if the world collapses? Outright anarchy or just back to basics?
Get a shotgun licence. Learn to shoot.
Get a boat, learn to sail. Provision your boat for 5+ years. Find an island in the middle of nowhere - somewhere in the Falklands would be good - and stay there until you've created your own little society.
If the world goes to tulip, a lot of people are going to die.
If you think about it, the 18th century lasted until the Battle of Waterloo in 1815, when the Napoleonic wars ended. Then the 19th century ended at the outbreak of WW1 in 1914.
So by my reckoning, the 20th century will end in a big punch up in around 2015.
But whether that will end the doom, or be just another pause on the way down is debatable. Guess it depends on how many people die, to put it bluntly, as this is ultimately about resources.
(Russia is already in really bad shape, and getting worse. A couple of sailors starved to death recently at the Pacific Fleet HQ in Vladivostok and several more have died of hyperthermia because they can't afford heating in the barracks! The military there are getting pretty fed up. And I shouldn't think China is much better.)
Thanks for that really optimistic vision of the future.
If you think about it, the 18th century lasted until the Battle of Waterloo in 1815, when the Napoleonic wars ended. Then the 19th century ended at the outbreak of WW1 in 1914.
So by my reckoning, the 20th century will end in a big punch up in around 2015.
But whether that will end the doom, or be just another pause on the way down is debatable. Guess it depends on how many people die, to put it bluntly, as this is ultimately about resources.
(Russia is already in really bad shape, and getting worse. A couple of sailors starved to death recently at the Pacific Fleet HQ in Vladivostok and several more have died of hyperthermia because they can't afford heating in the barracks! The military there are getting pretty fed up. And I shouldn't think China is much better.)
So much stimulus is being pumped into the system that it will work sooner rather later (in about a year I reckon) - then we will have galloping inflation to worry about.
So much stimulus is being pumped into the system that it will work sooner rather later (in about a year I reckon) - then we will have galloping inflation to worry about.
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