tag:blogger.com,1999:blog-1141932539860553199.post8160945789782193232..comments2024-03-05T10:52:24.691+00:00Comments on Mark Wadsworth: The other side of the UK house price/credit bubbleMark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-1141932539860553199.post-80464259759772185352022-07-19T13:51:09.197+01:002022-07-19T13:51:09.197+01:00If the gov't had to choose between bailing out...If the gov't had to choose between bailing out the bankers and bailing out the account holders, which do you think they'd go for?Bayardhttps://www.blogger.com/profile/15211150959757982948noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-88864764441589381622022-07-19T09:46:59.797+01:002022-07-19T09:46:59.797+01:00B, I mean cash in any bank account that's cove...B, I mean cash in any bank account that's covered by the £85k guarantee. Physical cash can get lost, stolen, go past its use by date etc. Plus if you try paying with it you get the money laundering people coming down on you.<br /><br />Gold might sky rocket or plummet, what do I know?Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-66235486548453209572022-07-18T14:00:23.556+01:002022-07-18T14:00:23.556+01:00That was more a general query than a request for i...That was more a general query than a request for investment advice.<br /><br />I suppose if by cash you mean wads of fifties, then that's pretty safe against any bank collapsing, and there's always gold, I suppose.Bayardhttps://www.blogger.com/profile/15211150959757982948noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-1303312420868815602022-07-18T08:47:02.221+01:002022-07-18T08:47:02.221+01:00B, don't ask me for investment advice.
In my...B, don't ask me for investment advice. <br /><br />In my view, if in doubt, have cash. Sure, you will lost 10% a year to inflation, but that's as bad as it can get. And inflation erodes everything else by 10%, so big deal.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-47680776730686167392022-07-17T14:07:37.845+01:002022-07-17T14:07:37.845+01:00The problem with the banks being liable to go tits...The problem with the banks being liable to go tits up once again together with land prices is where do you put your money? You don't want to end up like my cousin, who sold his house and a lot of land at the top of the market in 2007, then put the money into bank shares...Bayardhttps://www.blogger.com/profile/15211150959757982948noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-38247963811416558152022-07-17T09:52:55.706+01:002022-07-17T09:52:55.706+01:00Wow. You post a few seconds of shaky footage of th...Wow. You post a few seconds of shaky footage of the Moon and get 900 views. My lovingly crafted pop songs get on average 100.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-88695899144534103022022-07-16T18:40:19.286+01:002022-07-16T18:40:19.286+01:00Police surveilleing me at night because Georgist:
...Police surveilleing me at night because Georgist:<br />https://www.youtube.com/shorts/xY9XyPcZkhU<br />Messages in music:<br />https://www.youtube.com/watch?v=9HIy0OuoM0Y&t=14smihttps://www.blogger.com/profile/13257852421564555919noreply@blogger.com