NEW YEAR EDITION- 2022 Redux– CAF Report – Where to Housing? More Strikes - BIG 'D' Looms – Inflation Dying – Intent to Harm – MP Calls to Ban Vaxx - Petition - Letter from Great Britain [12-31-22]
NEW YEAR EDITION- 2022 Redux– CAF Report – Where to Housing? More Strikes - BIG 'D' Looms – Inflation Dying – Intent to Harm – MP Calls to Ban Vaxx - Petition - Letter from Great Britain [12-31-22]
Lots of changes happening in the UK - oscillations getting more perturbed often indicates a big change on the way - could be the "death spiral" or could be a whole new level of consciousness?
Well, I reckon time will tell - in 2023 I advise determination with one's principles - resolutely rebuff and rebuke those trying to sway you from what you know in your heart from a principled standpoint......and being I've posted here before I feel I have standing to make this rambling statement - plus, 2023 the year of it - tis young.
I think it is going to be better for the peasants amongst whom I consider myself a proud one.
Proud to be a peasant and glad I don't live in the UK as my kin did from before.....we got away from that place of contradiction, yet we have the same lies here as you have there nowadays....tis all a shame and it must come to an end soon I reckon.
Here's my quick take on the housing market in the US- it will become extreme on both ends.
If you live in a "desirable" area you will be able to sell your house at above market value as stock is being depleted and demand contiunes to rise. See: Florida.
If you do not you are going to have a hard time selling your house even at market value as the pool of incoming people falls and the number of upwardly mobile decreases. See: California
Certainly no expert but that is how it seems to be shaping up now.
Seeing the various viewpoints suggests an uncertain future. Imagining what Canada has done, and continues to do troubles me. Hopefully that insanity towards totalitarianism isn't popular elsewhere. They seem the closest to CBDC than anywhere.
My forecast sees the US Fed continuing slowly until inflation arrives at 4-5% at which point they hold. The economic damage will continue with housing slowly recovering as people simply accept a 7-9% mortgage to gain shelter. We will see that wage spiral attempt to start but many businesses will be in process of failing, others won't survive. Inflation at that level means a slow devaluation as a means to amortize the huge debt service overhang that governments must deal with at the expense of transfer payments. There will be unpopular revisions to public transfer expenses, time of war you know. In essence, stagflation containing toward the US '24 election. Both in the UK and US government incompetence is rampant but will the people demand change? Are the systems rigged to prevent that? A very large number of people will be hurt - those in the middle mainly. They aren't skilled enough for the better jobs that will be needed but are too well educated to accept mundane service work, at least for a time.
Inflation seems to be falling in the USA, and likely peaked in November or December. That said, that may mean that instead of stagflation, we are "merely" headed for a recession or depression.
Lots of changes happening in the UK - oscillations getting more perturbed often indicates a big change on the way - could be the "death spiral" or could be a whole new level of consciousness?
Well, I reckon time will tell - in 2023 I advise determination with one's principles - resolutely rebuff and rebuke those trying to sway you from what you know in your heart from a principled standpoint......and being I've posted here before I feel I have standing to make this rambling statement - plus, 2023 the year of it - tis young.
I think it is going to be better for the peasants amongst whom I consider myself a proud one.
Proud to be a peasant and glad I don't live in the UK as my kin did from before.....we got away from that place of contradiction, yet we have the same lies here as you have there nowadays....tis all a shame and it must come to an end soon I reckon.
BK
Here's my quick take on the housing market in the US- it will become extreme on both ends.
If you live in a "desirable" area you will be able to sell your house at above market value as stock is being depleted and demand contiunes to rise. See: Florida.
If you do not you are going to have a hard time selling your house even at market value as the pool of incoming people falls and the number of upwardly mobile decreases. See: California
Certainly no expert but that is how it seems to be shaping up now.
Seeing the various viewpoints suggests an uncertain future. Imagining what Canada has done, and continues to do troubles me. Hopefully that insanity towards totalitarianism isn't popular elsewhere. They seem the closest to CBDC than anywhere.
My forecast sees the US Fed continuing slowly until inflation arrives at 4-5% at which point they hold. The economic damage will continue with housing slowly recovering as people simply accept a 7-9% mortgage to gain shelter. We will see that wage spiral attempt to start but many businesses will be in process of failing, others won't survive. Inflation at that level means a slow devaluation as a means to amortize the huge debt service overhang that governments must deal with at the expense of transfer payments. There will be unpopular revisions to public transfer expenses, time of war you know. In essence, stagflation containing toward the US '24 election. Both in the UK and US government incompetence is rampant but will the people demand change? Are the systems rigged to prevent that? A very large number of people will be hurt - those in the middle mainly. They aren't skilled enough for the better jobs that will be needed but are too well educated to accept mundane service work, at least for a time.
Looking forward to your continued posts into 2023.
One thing I don't get about you P & S is how do you fight the urge to not just leave the UK everyday?
I don't mean this in the "fuck off" way (obviously) but in the "go enjoy your self mate you deserve it way).
Inflation seems to be falling in the USA, and likely peaked in November or December. That said, that may mean that instead of stagflation, we are "merely" headed for a recession or depression.