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“At some point you have to wonder what happens if all these investors decide to go home.” Asset prices decline. Interest rates become attractive. New investors
by bubbleRefuge 10y ago
“At some point you have to wonder what happens if all these investors decide to go home.”
Asset prices decline. Interest rates become attractive. New investors come in. Money under the mattress doesn't give much of a return.
- eru 10y agoUnless the central bank doesn't print enough money, and we end in a deflation. Then money under the mattress gives real returns at no nominal risk.
- branchless 10y agoAnd people in the UK get to have a reason to work again as land prices fall back in line with local wages. Hooray. Speculators: go home. Of course we still need to put our parasitic banking industry into line but it's a start.
- justin66 10y ago> Speculators: go home. I imagine they know how to go short as well as long.
- branchless 10y agoReally? I think most land speculators are pretty unsophisticated. How are they going to go short? Short UK house builders? Already dropped. Hedge GBP? Already dropped. Most are holding the baby now.