Is the bubble about to burst?
Discussion
Quite.
When the markets & sterling do what they did today, it's pretty silly to worry about cars. They're all worth f
k all in the grand scheme of things.
Nice one, oldies.
Back on topic, I would be gutted to have held on to any unnecessary investments right now. It is a buyer's market and will be for at least a year or two. Mad to keep money in a car when FTSE and sterling are going to hit rock bottom. When that happens, buying in and betting on recovery is the only sane option. Cars won't see anything like those gains.
When the markets & sterling do what they did today, it's pretty silly to worry about cars. They're all worth f
k all in the grand scheme of things.Nice one, oldies.
Back on topic, I would be gutted to have held on to any unnecessary investments right now. It is a buyer's market and will be for at least a year or two. Mad to keep money in a car when FTSE and sterling are going to hit rock bottom. When that happens, buying in and betting on recovery is the only sane option. Cars won't see anything like those gains.
anonymous said:
[redacted]
Agreed 100%. I count myself part of the very small part of the electorate that never agreed with the EU project for the reasons eloquently expressed by Tony Benn over many years. The youngsters accusing everyone of racism would do well to educate themselves about the past, and people like Benn and others from all over the political spectrum, that actually stood for something other than grubby hands on power. Its old footage but ...https://www.youtube.com/watch?v=nWnpbEMMsNw
ORD said:
Quite.
When the markets & sterling do what they did today, it's pretty silly to worry about cars. They're all worth fk all in the grand scheme of things.
Nice one, oldies.
Back on topic, I would be gutted to have held on to any unnecessary investments right now. It is a buyer's market and will be for at least a year or two. Mad to keep money in a car when FTSE and sterling are going to hit rock bottom. When that happens, buying in and betting on recovery is the only sane option. Cars won't see anything like those gains.
Yeah probably the rational view ..... But cars are fun and life is shortWhen the markets & sterling do what they did today, it's pretty silly to worry about cars. They're all worth f
k all in the grand scheme of things.Nice one, oldies.
Back on topic, I would be gutted to have held on to any unnecessary investments right now. It is a buyer's market and will be for at least a year or two. Mad to keep money in a car when FTSE and sterling are going to hit rock bottom. When that happens, buying in and betting on recovery is the only sane option. Cars won't see anything like those gains.
anonymous said:
[redacted]
First part is sad but true, Frank Field predicted as such back in April when Corbyn begrudgingly decided to back Remain. Second part never in a million years. Its that little thing called principles, people who have them don't throw them away in order to make a gain and they certainly don't do the same when there is the risk of a financial loss. The 1945 government for example creating the NHS at a time when the country was broke and practically destroyed. We live in strange times when short term'finance' trumps everything and so few politicians have principles we forget as a people what the word even means.
ras62 said:
Young voters were voting for their future eh. Do these youngsters understand this EU presides over youth unemployment running at over 50% in many EU countries? Some future.
As the saying goes, you can't put an old head on young shoulders.
^^this^^As the saying goes, you can't put an old head on young shoulders.
For those interested in stats, the EU isn't doing a great job
http://ec.europa.eu/eurostat/statistics-explained/...
That's quite enough Brexit for one day, off to Goodwood now
This is a picture where I park every week. Almost 9 out of 10 cars are German brand in my daily route.(m11). I'm not really sure about the exact numbers in the country overall but it would be interesting see what conditions they would offer to U.K. in terms of imports. New deals? maybe new production facilities? the only fact I know, we love german cars 
ooid said:
This is a picture where I park every week. Almost 9 out of 10 cars are German brand in my daily route.(m11). I'm not really sure about the exact numbers in the country overall but it would be interesting see what conditions they would offer to U.K. in terms of imports. New deals? maybe new production facilities? the only fact I know, we love german cars
That boxster looks tiny and quite good - age has been kind to it 9e 28 said:
I would not believe all the stats you see - most of them are not independent and always politically scewed to suit a particular agenda.
GB has been ones the worlds top 5 economies for 250 years before the EEC was even thought about. It will be for the next 250 years out of the EEC IMO. Europe's was in chaos and economic melt down well before GB chose to leave - far too much of a mess to try and sort out and be part of...
Well it is now out of the top 5. No 6 today - France having over taken us yesterday. GB has been ones the worlds top 5 economies for 250 years before the EEC was even thought about. It will be for the next 250 years out of the EEC IMO. Europe's was in chaos and economic melt down well before GB chose to leave - far too much of a mess to try and sort out and be part of...
Not a chance. When poor people get poorer, they will blame "the rich"; almost nobody every blames himself.
I have already had very left-leaning friends blame "the elite" for the Leave vote, notwithstanding what the statistics show about voting trends by education and profession (i.e. that the vast majority of high earners voted Remain).
I hope the car bubble bursts, to be honest. I dont think the current prices make any sense, and it would be good to see the cars driven for a change.
I have already had very left-leaning friends blame "the elite" for the Leave vote, notwithstanding what the statistics show about voting trends by education and profession (i.e. that the vast majority of high earners voted Remain).
I hope the car bubble bursts, to be honest. I dont think the current prices make any sense, and it would be good to see the cars driven for a change.
Alpinestars said:
anonymous said:
[redacted]
Unfortunately I think they will realise. There's bound to be an impact on all of us, and I'm not sure what problem they thought they were solving that will now be solved.
Alpinestars said:
To continue the analogy. Expecting those that didn't cause the vandalism to pay for it.
Did you hear the spokeswoman for the TUC asking for precisely this even before Cameron had announced his pending resignation ??Her members voted out, now big government should protect them form their own decision ...
And Corbyn smiles on ... which is strange considering that he "lost" ??
Wudee said:
Alpinestars said:
anonymous said:
[redacted]
Unfortunately I think they will realise. There's bound to be an impact on all of us, and I'm not sure what problem they thought they were solving that will now be solved.
The U.K. will pay a price in the short term - it's freedom will be long term and a majority of the British people have decided that
Sam All said:
Politicians and central bankers facilitate that quantum of profit on a regular basis -regardless of underlying profitability. And stock market prices were in far worse state in January. Paper losses.
The U.K. will pay a price in the short term - it's freedom will be long term and a majority of the British people have decided that
Good old paper losses. What about for people who depend on those paper profits and losses for their pension? Those that need to access their investments? Those that invest in the UK based on a stable environment/markets?The U.K. will pay a price in the short term - it's freedom will be long term and a majority of the British people have decided that
Paper losses - only for those that are not affected.
Alpinestars said:
Good old paper losses. What about for people who depend on those paper profits and losses for their pension? Those that need to access their investments? Those that invest in the UK based on a stable environment/markets?
Paper losses - only for those that are not affected.
And the ageing Little Britain Brexiteers largely responsible for this catastrophe and soon approaching retirement will find out soon enough they will be seriously affected on drawing their hugely reduced pensions. But there you go.Paper losses - only for those that are not affected.
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