Building Boom will Fuel Financial Collapse

[conspiracy analyst]

Like fire cannot melt steel there are no natural laws that dictate that house prices will forever go up in an endless spiral of hyperinflation.

Millions of working poor have been priced out of the private housing market and in order to get a step onto the housing ladder one probably has to get a mortgage which lasts 40 years or is passed over to your kids. The levels of debt are now so great that one has to be in permanent debt just to survive.

The attempt at changing the landscape of Britain with the conspiracy between big business in property development and the Office of the Deputy PrimeMinister and the relentless building boom which aims to fill this small island up with as many people as are already here is linked essentially to the adoption of Japanese styles of living and working. Ever smaller units of accomodation are being built for ever more people to inhabit.

The last two industries which will remain under this new environment once all farming has been closed or merged into appendages of supermarkets will be housing construction and finance. Under a collapsing dollar manufacturing industries will all but be wiped out. The first industrialised state will become the one that deindustrialises totally. The far reaching implications dictate that life will be dependent solely on imports.

Like junkies who need a permanent fix to survive people who produce nothing will need debt to continue. Debt financing and the construction of endless 'luxury' 'cappucino' style apartments made mostly from breeze blocks and materials whose shelf life will soon be identical to the toaster in everybodys kitchen cannot stop as it will lead to a total collapse of building companies and all other associated businesses linked to housing.

Reqiring half the people to spend time in endless shopping malls to sell endless and useless products to the other half of the population mirrors the drug dealers who hang around nightclubs peddling their ware. To what extent can one escape from the conspiracy of concrete developers and shopping centres?

With a land mass much smaller than our role model the USA we have adopted everything that is rotten in the modern world. The conspiracy of silence by all in the relentless building boom and its knock on effects in terms of supportable infrastructure eg schools, hospitals, education, post offices etc implies that the experiment in creating a mini-USA will eventually fail or be ground into total gridlock.

[wepmob2000]

Frightening but true, this is a superheated economy which actually produces nothing to speak of. An almost entirely service sector economy like ours will suffer hugely in a recession.

[karlos]

Good Post conspirator
Its about time we countered the spin that our economy is booming.
IT IS NOT.
Ever rising house prices, people remortgaging and then buying consumer goods is not an economy.
IT IS A DISASTER.

When the bubble burst house prices will tumble, negative equity etc
Just in time for Tony Blairs freemason underling Cameron to take charge.
Britain used to have a munufacturing economy. Now it is simply retail ( selling imported goods ) and sevices such as restaurants and hairdressers etc,
If it wasnt for all these Billionaires bringing their loot here the economy would have collapsed a few years ago.
Everything is up for sale. Nuclear power stations, football teams our health service.

Gordon Brown has been the WORST chancellor in history.
Sold our gold at the bottom of the market.

[adam1]

Britain being so small, relatively, and so crowded, creates perfect conditions for a fascist lockdown of a society; mobilised thugs and heavies can kick off and create fear and intimidate anywhere and at short notice; food distribution becomes highly controlled and "sanitised"; we already have a muted press; travel is curtailed (happening already); and a high level of mental unease can be fostered and maintained.
So when some sort of recession does kick in, things could spiral horribly and we might see Britain as the first experiment of the NWO.....

[wepmob2000]

This is all true, the economic 'growth' is built purely on a foundation of credit. People in one service industry take on loans to pay for imported goods, or pay for other services.

The government fuels the housing 'boom' by allowing demand (i.e. immigration) to rise uncontrollably, thus fostering the illusion we are doing well and the economy is booming.

All the conditions seem to be present for a massive meltdown when the next recession hits, and its clear the government is preparing for this under the guise of 'anti-terrorism' and its various surveillance measures.

People are already brainwashed via the T.V, and who needs a curfew when gangs of scum are allowed to roam uncontrollably at night? Travel is being curtailed, and we must await some kind of lockdown on the internet.

P.S

Has anyone else had CCTV towers being installed in quiet residential streets in their locality as I am witnessing here? Is this a national trend, placing cameras where theres pretty much no likelihood of crime? I'll post pictures when I can, these are pretty sinister looking towers with cameras in turrets.

[rodin]

I became a CT from studying how the world worked, not from 911. In our Orwellian world debt is called 'credit'. We have a debt bubble orders of magnitude greater than the one manufactured by the bankers in the run up to the swindle called the 1929 crash (crash maybe, but no accident).

[adam1]

thanks for that wepmob

I'll waiting with interest for anything you get round to coming up with. Keep at it

[kbo234]

[conspiracy analyst]

Whilst the argument is that money can be created out of thin air the fact is that the USA has over 65000 financial services companies ranging from insurance, to credit cards, banks, mortgage companies, loans etc.

By creating societies that produce nothing each society loses its historic links, traditions etc to cope with in times of crises. Whilst the mythology is that we live in an era of 'low unemployment, low inflation and low interest rates the lie is so pervasive that very few have challenged the official lies.

Which implies the conspiracy of silence on almost everything is so pervasive that 'low' unemployment becomes only 75% or working age people working and not all of them full time which leaves a 25% figure of economically inactive. From a 29 million of working age population not including recently arrived immigrants tha leaves 8 odd million not employed in anything. That figure is double what it was in the 1980's.

Whilst interest rates are low compared to the high point in the 1980's of 15% you could still buy a flat for less than 40K in London and council taxes were relatively low even when people complained about the rates. A low interest rate on a flat costing 200k is pointless as you are still priced out of the market, hence a whole raft of scheme to cover up for the fact that property prices are in a hyperinflationary spiral.

Soon it will become like the days of old when aristocrats lived in expensive castles but could not afford to upkeep them. We will be living in rat infested sub-divided 'apartments' and will have to remortgage everything in order to pay day to day bills. As for our children they will start off after 2010 if they manage to get to university with debts ranging from 100k to 500k depending at which university they go to once they liberalise fees.

The only way to stave off the coming bankruptcy is to impose controls in food production, manufacturing, house prices, population transfers, and taxes on untaxed global corporations. To regain our independence from the oil cartels we have to reopen our mining industry we have to drastically reduce the power of the supermarkets. All else leads to monopoly. Unless the monopoly of finance is broken it will break all.

[John White]

I had some thoughts along these lines earlier today

I like to get around the place on 'tinternet, and I commonly try out lines of thinking and practise communication skills on "conventional" forums. Today I had a chance to write on the subject of banking, thought I'd share with you all

[conspiracy analyst]

The way you have explained it implies then that the rise in property prices is part and parcel of a hyperinflationary spiral whose long term aim is essentially the worhtlessness of money.

For if those who own property end up with a £1 million flats but wages which are on average no more than £30-40K we will have two opposite trends occurring at both ends of the social divide.

Those at the top will get rich beyond their wildest dreams while those at the bottom will fall off totally.

To what extent do you believe they are able to sustain a debt mountain indefinitely without a collapse of the debt markets?

Is it possible for them to have £77 billion in debts daily as opposed to monthly?

Either which way in joining the Euro a massive devaluation has to occur, but how will debts be devalued in relation to salaries?