Financially, things today are far worse than in 2007/08. Fact.
If you want me to put a date on a downturn then you're out of luck, nobody can, but each day we are heading closer.
I merely warn people of what is more than likely ahead based on history........and basically i don't wish for anyone here (mostly) to get screwed again. I'm nice like that.

Financial crashes, housing crashes etc etc are all on a loop. A loop that many still ignore, despite knowing the facts.
And to show that i'm far from ''doom-laden'', on the upside i've also mentioned (as you haven't) Gold, Silver and 'crypto-currency' as a hedge against a downturn. Had anyone (who can't see their way past bloody property) asked, i'd have gladly offered some advice and then they'd also be currently sitting on a 'safe' +3,700% gain since the start of the year............with no tenants, agency fees or grief.

And no, it won't stay that way.

Buy Litecoin.

Comedy gold.

You mean the EEA. And the difference between the two is staggering when you think that it's only a few countries more.

Optimistic as ever

Indeed. The German business federations are s***ting themselves about it.

They want the EU to back down, not us. [Link]

Optimistic as ever

The European Commission has cancelled the UK's turn to host the European Capital of Culture after Brexit, disappointing the bidding cities.

Five places have already bid to hold the title in 2023 - Dundee, Nottingham, Leeds, Milton Keynes and Belfast/Derry.

The government has said they don't agree with this decision. Another example of government rhetoric being totally disengaged from reality and their negotiations hitting failure at every turn.

This is a real shame, especially considering the hugely damaging effect Brexit will have on the arts in the UK. It's also a lot of hard work and expense from those cities down the drain. You'd have thought the government could have established this 17 months ago and not wasted all this time and money. Sadly they show their incompetence once again, and Breixt costs communities again thanks to this government's lack of a plan and complete incomprehension of reality.

Totally right another example of clueless incompetence from them, who cares anywhere what they think or what the labour party think either anymore.

Labour would be stuffing brown envelopes full of money for Junckers just the same.

Help!!

Perhaps Ken Clarke could be Churchill ?

It's that desperate.