onestopview.com » property price fall http://blog.onestopview.com Mon, 01 Feb 2010 15:15:38 +0000 http://wordpress.org/?v=2.8.6 en hourly 1 President Bush says a $700bn rescue package for Wall Street is not the answer to all of America’s economic woes. http://blog.onestopview.com/president-bush-says-a-700bn-rescue-package-for-wall-street-is-not-the-answer-to-all-of-americas-economic-woes.html http://blog.onestopview.com/president-bush-says-a-700bn-rescue-package-for-wall-street-is-not-the-answer-to-all-of-americas-economic-woes.html#comments Mon, 29 Sep 2008 15:19:41 +0000 onestopview http://blog.onestopview.com/?p=44 Does he know something we do not? Or is it quite literally his way of saying that the economy of his country and no doubt that of many others are in free fall?

UK building society Bradford and Bingley needing bailing out by Gordon Brown and Co, UK mortgage approval down 95%, yes that’s 95% on last months figures….. are we heading towards the great depression of the 1930’s or could it quite be a super sized version of it?

If you have capital in the bank you are laughing, if you have investments in property you are panicking. Just think, only one year or so ago everybody was in a feel good factor, house prices rising, spending as they wished…. now we are seeing a total reverse. Just count how many shops, bars or estate agents have closed down in your local area and think about that number on a national level.

Great depression of the 1930’s or will it be the Greatest Depression of the early 2000’s? Lehman will not be the last great bank to fall…..

]]> http://blog.onestopview.com/president-bush-says-a-700bn-rescue-package-for-wall-street-is-not-the-answer-to-all-of-americas-economic-woes.html/feed 0