"The only difference is" - this is the big difference. I think all western governments will have to try to bring some confidence into money despite everything. It looks more probable than possible.

We seem to be staring right down the barrel of deflation - I can't work out how this can be sustained. The printer will have to come on to finance budget deficits and interest rates will have to rise to interest anybody in backing this debt. Anybody ...

TudorIoan. This is what you wrote Jan 7th 2021. It's 3 years later now. "If people like foto, mintgary, dingo, not-kpmg ...and many other radical anti-system extremists are still here and FF admins pretend not to observe them, and other people who ...

You make housing more affordable with supply and demand. You build more, reduce the numbers looking for housing (especially in a short time frame) or you do both. There is a youtube clip of the government in Ireland having a meeting about affordable ...

They briefed him!? How is that going to work?

Hence why their stock market is finally high - company's making profits in Jpy.

QT is deciding this - not interest rates. The lag effect and consequences are building up. We are heading for deflation and big trouble followed by panic triggering QE. A lot of people are going to be financially wiped.

A little while ago it looked like Blackrock et al were starting to sit on repossessed property rather than sell them on. If the economy goes badly then they will sit on more, collect them as assets and take rent. Their bedfellows (Gov.t) will be ...

You would have to think so - looking very bleak.

I don't believe rates burst the balloon that much. Low rates didn't cause inflation, it was the money supply. Likewise, high rates won't cure the inflation, it will be money supply. This looks to be negative and the way the economy is going then ...

It's intentional.

To be fair, the no competency problem crosses all borders.

I wish I got paid as handsomely as he does for saying completely useless sentences.

I often heard that it's not the system - it's you that counts. I NEVER saw a system that I could get to work. It was the elephant in the room - the system did not work well enough. Coaches would cheerlead their winning trades and be very quiet about ...

I think some dhead's assistant got him to call it "The Winter of Death".....in 2021/22!

The Western world is in trouble but the EU and UK especially are lacking some basic cards to play.

Agree but can you elaborate?

Wage rises do not cause inflation. More deflection and smoke and mirrors.

Anything in particular that makes you think that?

Yeah Buddy - nothing to do with 3 trillion in stimmies. Nothing to do with Student Debt write off. Nothing to do with any of your tribe. The majority seem to subscribe to a punch and judy way of thinking. I know some in my family think Trump was ...