- Location
- Cumbria
Evergrande suspends shares in Hong Kong as firm tries to raise cash
The move comes as the indebted property developer struggles to raise cash to meet its obligations.
www.bbc.co.uk
Time will tell......scary numbers quoted in that articleLooks like this large Chinese owned property firm is struggling and won’t be bailed out by the state. Is this a sign of the first domino in another 2008 style collapse? With an average uk house price of £220k+ and soaring inflation some type of correction seems quite likely.Evergrande suspends shares in Hong Kong as firm tries to raise cash
The move comes as the indebted property developer struggles to raise cash to meet its obligations.www.bbc.co.uk
Yes, the potential fuel bailout and foodbanks is symptomatic of household budgets being overburdened by housing costs which are completely ridiculous and out of all proportion. How do you fix that one?
"have you tried turning it off, and switching it back on again" is likely, IMO with few fiat currencies being tied to a standard (gold, silver) then a real life crash is loomingYes, the potential fuel bailout and foodbanks is symptomatic of household budgets being overburdened by housing costs which are completely ridiculous and out of all proportion. How do you fix that one?
Doesn't sound ridiculous if you say 18 months.I don’t know the exact figure but here it goes, heard it on a podcast
40% of America’s money has been created in the last 12 months
Yup. And every country is at the same game. First time in history that this has been tried as an experiment. When it’s just been single countries previously the result has been inevitable. This time? Christ knows.I don’t know the exact figure but here it goes, heard it on a podcast
40% of America’s money has been created in the last 12 months
18% of all dollars in circulation were printed in 2020, I would assume similar in 2021, so no reason not to believe the podcast I would say - frightening.I don’t know the exact figure but here it goes, heard it on a podcast
40% of America’s money has been created in the last 12 months
If I remember correctly, It was on the Joe Rogan Experience, with the guest Tim DillionYikes , could I ask the podcast name ?
perfect timing...take the first offer you get, count to a metaphoric ten, then buy it back after the poo strikes the fan.Doesn't sound ridiculous if you say 18 months.
I wonder what the uk figure is?
Typical that we're just about to put a farmhouse up for sale.
Of course, as well has effectively reducing % of debt there's extra receipt of VAT on goods too.Governments want inflation I think.
While I absolutely share the suspicion that a massive re-adjustment is upon us, I wouldn't judge too much on the headline here.Looks like this large Chinese owned property firm is struggling and won’t be bailed out by the state. Is this a sign of the first domino in another 2008 style collapse? With an average uk house price of £220k+ and soaring inflation some type of correction seems quite likely.Evergrande suspends shares in Hong Kong as firm tries to raise cash
The move comes as the indebted property developer struggles to raise cash to meet its obligations.www.bbc.co.uk
Brother buying smallholding in Germany.perfect timing...take the first offer you get, count to a metaphoric ten, then buy it back after the poo strikes the fan.