Thread: Snap uk election?
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Unread 28 Sep 2007, 12:21   #15
furball
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Re: Snap uk election?
Quote:
Originally Posted by Hebdomad
To stop furball whipping his cock out, I'm still unsure if the economy is on the downturn - I can't see the current mortgages crisis affecting investment. If anyone wants to argue it is - ideally in detail - go for it, I'd appreciate the arguments.
I'm not an economist, but apparantly a downturn would be fuelled by high house prices combined with painful interest rates and increasing inflation. Supposedly a indicator of this is that the housing market is seriously starting to slow down now.


Here's what Alan Greenspan had to say.

Some guy who predicted the US sub-primes crisis (Christopher Wood)

A Time magazine article asking whether or not Britain's economy is slowing down.
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