UAE May Gag Media Amid Economic Woe, Scandals

[PropGuy]

If we're lucky, we will undergo a 18-24 month recession and your formula might actually work and prices will adjust to 2005-2006 prices. I, however, am more certain than ever that what we face today is not a cyclical recession but a depression. Prices will fall continuously and there might be a couple of recessions within the depression. I dont see the US bailout packages showing any positive impact on employment, trade, borrowing trends, consumption patterns, production or the general sentiments of the world. Equity and realty prices continue to see a freefall with chaos and panic in all parts of the globe (especially within countries having high interdepedance on foreign trade, investments and workforce).

mean price theory for bubble bursts is true for great depression too. Thats why selling when everybody is buying and buying when everybody is selling works every time. Those are the two points when prices go above mean and below mean respectively.

 

[eyeC]

everything used to be manufactured in Europe,US west lets say and then now everything is done in china cheaply but prices of good kept going up and up

and the chinease kept making them cheaper and cheaper

anyway to make the story short with money printing comes inflation

so how many billions and billions went to the global system so far and how much more coming it will take time to infiltrate to the system and take its effect

and at the same time you are not given the chance to borrow some of the new money they printed bank restrictions on borrowed money

add to it your salary goes down and you earn less while prices are going up

worst case scenario for the people of the world...but possible check history

i will not add about people are consuming more than before e.g chinease ,india,etc

they want to live the American way big cars ,big burgers ,big everything

and because there just not enough resources to go round prices should go up

im trying to say what we are seeing now is a short period of illusion of what
fiat money can do which is purchase more

 

[sasherwani2]

A wonderful response..

Gulfnews: Civil society leaders urge President to reconsider media law

 

[PropGuy]

so how many billions and billions went to the global system so far and how much more coming it will take time to infiltrate to the system and take its effect

and at the same time you are not given the chance to borrow some of the new money they printed bank restrictions on borrowed money

add to it your salary goes down and you earn less while prices are going up

Well, said. US govt. increased the money supply in 2001/2002 to fight the dot com bubble burst, and it took 3 years to properly circulate through the system, because banks start to hold back the money in times of recession. I was reading recent reports that banks are still not lending in US. In UK some how lending is getting better. US$ injections will take time to flow through economies, most probably 3 to 4 years, by that time most people who bought in 2008 would have defaulted.

 

[eyeC]

thank you PropGuy,

i would like to add if we look at gold price as an indicator of money supply

and gold price is now higher than 2005 by 30%

we will never see property prices drop to 2005 level and if it does it will be a good

bargain to buy because it will be cheaper in terms of gold and thats not right

also gold is cheap in terms of paper money so it should only go up

the above does not apply to off plan properties as high risk is involved and its not

worth it now to take the risk...as we are in a period were people are not willing to

take high risk but when high inflation comes everyone will jump back in to risk taking

because if they don't their money is gone anyway through inflation

 

[AjmanInvestor]

You are right just wait and see what happens in May and June 2009

and do you guarantee a refund if the prices fall further down to 2001s? The crash has just begun and more ugly surprises are on the way.

You are right just wait and see what happens in May and June 2009, it will be very ugly the total system will be a big mess, as loads of investors will default and legal cases will be like a flood, prices will crash more and more till end of 2009. Its happening globally everywhere its the same.

 

[sandymiss]

Thanks for sharing this useful information. It's great.

 

[sandymiss]

Thanks for your sharing

 

[sandymiss]

The best that go together.

 

[sandymiss]

let talk to her

 

[sandymiss]

Every thing is very well

 

[sandymiss]

Thanks for the suggestion, I wish it had worked.