It is the 21st of September 2019

News

London Property Bubble Bursting? UK In Unchartered Territory On Brexit and Election Mess

- London property bubble bursting? UK in unchartered territory on Brexit and election mess
- Evidence of downturn in London housing market

- Over 75% of London homes now selling below asking price
- Prime north London property down 6 per cent annually
- House prices have not fallen for three consecutive months since the 2009 crisis
- Bank of England report expresses worry over UK property market
- ‘Adverse shock’ to UK economy may amplify negative feedback loop

- Increased political and economic uncertainty has weakened fragile London buyer sentiment
- Bank of England Financial Stability Report: "Mortgages are the largest loan exposure for UK lenders"
- BOE FSR refers to a "self-reinforcing feedback loop" that, if triggered, would cause another 2008-style crisis in the UK

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Jim Rogers Warns Next Crisis Will Be "Biggest In My Lifetime"

Billionaire commodity guru Jim Rogers believes the next economic catastrophe is coming. And when it arrives, it’ll be the worst financial calamity the 74-year old investor has ever seen.

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Jim Rogers Warns "Governments Plan Is To Destroy The People Who Save"

"Everybody should be worried.. and be prepared," warns legendary investor Jim Rogers, as he sees the market "facing a bigger collapse than in 2008," and the central banks will be unable to kick the can much longer. "This is the first time in recorded history where you have Central Banks & governments setting out to destroy the people who save & invest," Rogers exclaims and "the markets are telling us that something is wrong - we're getting close."

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