Sunday, August 31, 2014
Tuesday, August 19, 2014
UK Property Prices Suffer 'Largest Decrease Ever' As London Real Estate Goes Into Full-Scale Collapse
SO MUCH FOR “RUSSIAN SANCTIONS”
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REUTERS/Kai Pfaffenbach
More sellers than buyers, basically.
Property prices in the U.K. can't go on rising forever — and now they're not.
A survey of 90% of the market by Rightmove, a real estate price tracking company, shows that real estate prices fell 2.9% in August, the second consecutive down month this summer.
Prices fell nearly 6% in the overheated London market.
Monday, August 18, 2014
Bounce is almost over
Refer to my post as of August 8th 2014
How long will bounce last?
Using the same chart – there is a possibility that counter trend bounce might be on its last leg
Guard your long gains
Friday, August 08, 2014
How long will bounce last?
Bounce was expected – the question is “How long will it last?”
I bet even money – to surprise a lot of “Bull is not dead people” – very short while.
Thursday, August 07, 2014
It is all Russia’s fault now
And playbook never changes – first we have economic collapse, then we need to find external enemy to blame – details change, but storyline never does.
Nevertheless it is quite amusing how USsA/EU expect Russia to just roll over and take all the “punishment” failed world’s economies place on it??? WEALLY???
And – as expected – ECB’s [Pinocchio] Draghi gauges Russian risks to EU recovery
FRANKFURT— European Central Bank President Mario Draghi Thursday said it is too early to judge whether Russia’s sanctions on European Union exports will have a significant impact on the euro zone’s modest economic recovery.
However, he indicated that unless there is an escalation in the exchange of sanctions between the bloc and the Kremlin, the recovery is likely to continue.
“It is hard to assess this impact at the beginning of the crisis,” Draghi said in a news conference after the central bank’s decision to leave its interest rates unchanged. “Looking at the figures for trade and financial flows, by and large they reveal a picture of very limited interconnections.”
History lesson for ignorant:
How were trade sanctions against Japan the reason for starting World War 2 against the US?
These actions forced what Stimpson wrote in his diary as the actions he hoped for to force the Japanese to take the first shot. The Japanese did take action on December 7th by attacking the US base at Pearl Harbor and against the Philippines.
Nigeria confirms five more Ebola cases
"Nigeria has now recorded 7 confirmed cases of Ebola Virus Disease (EVB)" health minister Onyebuchi Chukwu said.
Those who have died include the "index patient," a Liberian who brought the virus to Lagos on July 20, and a nurse who treated him, the minister added.
Wednesday, August 06, 2014
“Assuming that they take this action, it would be blatant protectionism”
Taste of USsA’s own medicine
July 29 (Bloomberg) -- Facing tougher sanctions over Ukraine, Russia said yesterday it may ban imports of chicken from the U.S. and fruit from Europe and is investigating McDonald’s Corp. cheese for safety.
Meanwhile, a Russian lawmaker has drafted legislation that might result in U.S. accounting firms such as Deloitte LLP and KPMG LLP being barred from doing business in his country.