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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3054
Posted: Feb 22, 2010 5:00
Comments: 3054
Forum Topic:
GBP
Discuss GBP
Ashraf
My only surprise is the anarchists have not targeted the banks and city institutions. That will come I think but first they are targeting shops like PC world and grabbing what they can.
MNI FX Bullets says US investors sold out of British banks in the last
week. BankofEngland seen cutting GDP fcst yet again in Wednesday Inflation Report
http://tinyurl.com/453wo4d
Ashraf
When city of London return from their hols in September the square mile will be greeted with the first serious round of redundancies. This is long overdue and will mark the start of our country's need to getting serious about diversification away from useless criminal pursuits into producing something of value to mankind once again.
In 2003 I thought our property mkt had peaked so I sold my farm and one or two other properties. The farm went to a city manager of a US investment co for his holiday home. Prices then proceeded to double again by 2007 and even now whilst property prices in the regions are about 10% down from their peak, agricultural land prices have continued on up. I have a feeling I shall see an opportunity of buying that farm back again at somewhat less than it sold for, just for the hell of it. Just a case of patience now.