Demand
- Thread starter Hilly
- Start date
nothing is without any risk, certainly not anything worth having anyway !
better to have loved and lost than to have never loved at all ?
We have seen this before. It all looks great until it isn't. I am advocating caution not irresponsible borrowing.
glasshouse
Member
- Location
- lothians
Course we were
Ever since crash gordon crashed the economy
- Location
- Peterborough
Are you thinking of the Loyds Names as in insurance.
In 1991, Lloyd's declared a loss for the first time for 20 years. Lloyd's had an unusual structure because capital was not provided by shareholders, instead it came from private individuals known as 'Names'. They traded with unlimited liability, meaning that everything they owned was at risk.16 Apr 2015
has anyone ever seen this ? interest at 0.1% base and predicted to go negative ?
inflation rising fast
money being printed as fast as it can ?
personal and government debt at all time highs ?
glasshouse
Member
- Location
- lothians
The 1992 devaluation created a real boom that blair brown took the credit for and then squandered
All I am saying is that no one saw the crash last time. Things change quickly. You are not the Messiah any more than l am.
The problem with that is your father's generation started the Christmas game of Monopoly and went round the board a few times, bought up some land, and asset prices and rents doubled and tripled.
Later on after a few rolls, you joined the game at a slight disadvantage, and now the grandchildren have been invited to join the game halfway through, and no surprise are at a massive disadvantage to the earlier generations.
That's why the average age of a farmer is retirement age, and most people under 40 are stuck renting at enormous cost in cities.
It's nearly impossible to win if you join the game late.
In this imagined game of monopoly, eventually the grandchildren and the unlucky of your generation who land on community chest are going to go bankrupt, with assets sold at firesale prices on the way down.
It's not a sustainable board game, and it was designed to show us it's not a sustainable system.
It's nice that your old dad got an enormous capital gain. Good on him, as they say don't hate the player, hate the game.
But let's not pretend that generation Z are going to be buying out your generation at 50k an acre when it's time to retire. All the squares are bought, the booze and after eight mints are nearly finished, it's nearly bedtime, and the game isn't lasting much longer.
Hilly
Member
- Location
- Scottish Borders.
No but if inflation get s to much interest rate ^ it’s all good until it’s not , world events .
Steevo
Member
- Location
- Gloucestershire
Land and buildings are the only things worth investing in at the moment. Land is the harder of the two to generate a sustainable income from though in business terms.
- Location
- Peterborough
If real inflation is nearer 10%, £50/ac could be achievable . it wouldn't buy you as many Mars Bars though.
if inflation gets too high my guess is they will tax capital gains and income highly to “cool” the economy
significant interest rates would have too bigger consequences for too many
im not planning on passing debt to my kids, they will get a load of bought and pad for assets ........ if they behave and i don’t spend it all on retirement instead that is !
I don't doubt the inflation will get there, £100 used to be a salary.
What I doubt is that the upcoming generation are going to be able to afford to buy out the older generation without some rather large changes in the price of assets versus incomes.
Already the average age of a western farmer is retirement age, which tells you that even their childrens generation aged 40 or so can't afford to buy them out.
most of us remember 2008 and the banks sub prime toxic debt ? inconceivable amounts of money were printed to climb out of that hole ......... surely it was never going to last or work ?
well until 12 months ago it was going pretty well
Covid economy is really just another 2008 and just like they did back then central banks are just printing their way out of it
its like a big reset button - the losers are the savers, the winners those with the debt
if you were in debt 12 month’s ago you are less in debt today
if you had cash savings 12months ago you are not as rich today as you were back then
well until 12 months ago it was going pretty well
Covid economy is really just another 2008 and just like they did back then central banks are just printing their way out of it
its like a big reset button - the losers are the savers, the winners those with the debt
if you were in debt 12 month’s ago you are less in debt today
if you had cash savings 12months ago you are not as rich today as you were back then
glasshouse
Member
- Location
- lothians
What do u mean buy them out?
Its all about inheritance now, the accident of birth.
glasshouse
Member
- Location
- lothians
No, the losers are those without property who will never now have the chance to buy.
that’s capitalism for you - i never said any of this was fair !
grainboy
Member
- Location
- Bedfordshire
Bought a sofa and 2 chairs in the boxing day sales, the lady from the store left a message the other day to say we should have it by early June.
Probably because its manufactured in Romania i believe,
Expanded and improved Sustainable Farming Incentive offer for farmers published
Expanded Sustainable Farming Incentive offer from July will give the sector a clear path forward and boost farm business resilience.
From: Department for Environment, Food & Rural Affairs and The Rt Hon Sir Mark Spencer MP Published21 May 2024
Full details of the expanded and improved Sustainable Farming Incentive (SFI) offer available to farmers from July have been published by the...
From: Department for Environment, Food & Rural Affairs and The Rt Hon Sir Mark Spencer MP Published21 May 2024
Full details of the expanded and improved Sustainable Farming Incentive (SFI) offer available to farmers from July have been published by the...