Baileys Bust, No Quarter Given, On the 1/4 Point Hike March 23rd 2023.

1 year ago
9

UK Resi Market Survey #RICS, Where did all that wealth come from? Where is it headed And what should we do about it?

http://www.realrld.com/blog/baileys-bust-no-quarter-given-on-the-14-point-hike-march-23rd-2023-uk-resi-market-survey-rics-where-did-all-that-wealth-come-from-where-is-it-headed-and-what-should-we-do-about-it

The Long Story short

Where and what is the real reason for the current policy stance by Central Banks worldwide and why would it seem that destruction,(Transfer into the hands of the Billionaire class) of household wealth on a scale in excess of that in the GFC 1, is a price which Bailey and Powell are lining us all up to pay.
Is it that we should all be happy with owning nothing as the now infamous World Economic Forum "Misquote" would have it?
The Uberisation of everything following the Peak Everything bubble burst seems to be where we are in the midst.
This Paradigm Shift.
This is a paradigm shift beyond post-Fordism and beyond Post almost anything imaginable from any of the Civics lessons I attended whilst going through, Primary, Secondary, Graduate, and post Graduate Professional Education.
The increase in Rates as they affect the residential property market is one small aspect of this Faster and Further push, reaching into the fundamentals of the Democracy and Free world into which I took and take an active part in. It's not a new change to an obscure part of the rule book. What is emerging is that There really has been a different set of rules For some all along.
Well not so fast! fool me once shame on you, fool me twice shame on me. #Stop the Steal

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