In 2004 Bruno Powroznik, the renowned economist & popular housepricecrash.co.uk contributor was quoted in the Daily Telegraph as saying house prices would fall 70% in the UK in 2005!
Although Bruno's prediction failed to come true; how many of you 'rent for ever losers' have been quoted in the Daily Telegraph?
Here is the article:
http://www.telegraph.co.uk/property/main.jhtml?xml=/property/2004/10/02/pcrash02.xml&sSheet=/property/2004/10/02/ixptop17.html
Bruno's quote is on page 3 btw.
This track is a remix of the Bruno Classic: Psychobabble - The STR are Scum!
'Psychobabble - The STR are Scum' roughly translates as:
Apologetic ramblings & justifications unconsciously designed by the psyche to defend the ego, which effectively maintain vested interests - The STR's are Scum!
Channel: Nonprofits & Activism Uploaded: August 29, 2008 at 3:26 am Author:FreeBrunoPowroznik
mukkeer(Thursday 4th of September 2008 07:39:08 PM)
Yes moneyweek says it will fall by 75% in the equivalent of gold. In two years you will be able to buy an average house in Britain for only 85 ounces of gold.
'Psychobabble - The STR are Scum' roughly translates as;
Apologetic ramblings & justifications unconsciously designed by the psyche to defend the ego, which effectively maintain vested interests - The STR's are Scum!
wetsausage(Friday 29th of August 2008 05:13:03 AM)
the music is great - where can I buy this.... altho I am a STR.... why am I scum?
Heh, I could email you the mp3 if you send me your email.
You will have to ask Bruno why STR's are scum when he is released.
I think he just means investor type STR's who encouraged others to STR & got a lot of people into trouble when the crash didn't occur (like we all thought it would) in 2005.
Although he has a point to a certain degree either way, since an STR might well profit from knowingly getting somebody else into negative equity.
I am an STR of sorts too btw.
ranjamusic(Friday 29th of August 2008 03:53:48 AM)
