J
jonwell
New Member
hi,
today the bank of england left interest rate as they were half a percent and hinted that they will most likely keep rates as they are for sometime in the future but also warned against inflation, but inflation is still under control.
The amazing part is they are putting another 50 billion pounds into the quantitive easing to buy government debt and toxic assets, thats trouble under cover, the u.k now looks to head towards 175 billion in Q.E thats nearly 15% of our GDP.
so i know i am right when i say the house prices and asset prices will come down more than 25% by mid next year.
i reckon europe will be hit very hard as when credit crunch 2 arrives and it will.
today the bank of england left interest rate as they were half a percent and hinted that they will most likely keep rates as they are for sometime in the future but also warned against inflation, but inflation is still under control.
The amazing part is they are putting another 50 billion pounds into the quantitive easing to buy government debt and toxic assets, thats trouble under cover, the u.k now looks to head towards 175 billion in Q.E thats nearly 15% of our GDP.
so i know i am right when i say the house prices and asset prices will come down more than 25% by mid next year.
i reckon europe will be hit very hard as when credit crunch 2 arrives and it will.
