They like the story coming out of the G20, could this be the beginning of the end in the states? I heard on the radio this morning that house sales had increased there, and prices also went up .9% in the UK.
Wall Street surges on accounting rule change, G20 - Yahoo! Finance
Last edited by Digout; 2nd April 2009 at 08:21 PM. Reason: spelling
It is not the beginning of the end in the states, it is the beginning of the end of the states.
I agree. They said that Herbert Hoover's government spending, consumption stimulus and "maintanance of demand" were ending the Great Depression in 1931. Boy were they wrong.
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Link to the UK house story
RTÉ Business: UK house prices see first rise since 2007
Good to know that journalists think unaffordable housing is part of the recoveryOriginally Posted by Digout
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The printers are just heating up and the big push is on,lets all devalue and inflate together yipee.
Us poor and getting poorer humans.
A champion of the people emerges with the age-old and appealing promise of "something for nothing" - to be financed through every-increasing taxes. Supply and demand are thrown out of gear - the overhead goes up; the effective use of human energy goes down; the standard of living is lowered because money cannot buy wealth that is not produced.
WEAVER, HENRY GRADY,
House sales in the US are increasing because of sell offs of repo-ed houses. Hardly points to a recovery.
Ssh don't tell everyone.
A champion of the people emerges with the age-old and appealing promise of "something for nothing" - to be financed through every-increasing taxes. Supply and demand are thrown out of gear - the overhead goes up; the effective use of human energy goes down; the standard of living is lowered because money cannot buy wealth that is not produced.
WEAVER, HENRY GRADY,
Stock markets fell well in advance of the recession. They are always ahead of the curve. Could be a good time to invest. When people are brave, be scared. When people are scared, be brave.
Positive news anyway. Good to see. Now for Sterling to Strengthen against the Euro
Fianna Fail Arrogance -
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