Looming Financial Collapse

Mad_Cyril

Hursty This is the 10 year bond yield vs the 2 year bond yield which at the moment is in negative territory, meaning the rate for the 2 year is higher than that of the 10 year, which in normal times shouldn’t be happening.

This has been created by the increase in rates by central banks to attempt to reduce inflation, which one could argue is occurring to some extent. However, this signals the countdown to an inevitable recession, every time since 1960 where the yield curve has gone negative we have had a recession with a year approximately.

The real question is, how bad, for how long and which markets will suffer the most.

Commercial real estate seems to be the most likely to suffer due to the expiration of fixed term loans on low interest rates, and the inevitable renewals at substantially higher rates, coupled with the reduction in requirement of office space in cities across the world due to the change in working practices post covid. Many smaller banks tend to hold these loans apparently and are less likely to be able to remain solvent.

Textbook 😂

Hursty

Mad_Cyril what are you on about you plank?

It’s a bit rich claiming I have no expertise when you have no idea and also this is coming from someone who has never demonstrated any expertise in anything because you never get involved in debates outside of footy and the music threads

Why not piss off and do some research into bond yield curves, come back and provide something of worth to this conversation

Being an old cunt doesn’t mean you can only get you information from libraries and newspapers, the internet is a genuine source, its not all fake news you know

Mad_Cyril

Hursty It’s a bit rich claiming I have no expertise when you have no idea and also this is coming from someone who has never demonstrated any expertise in anything because you never get involved in debates outside of footy and the music threads

I’m quite skilled at punctuation.

Smallman1

Hursty Top work lad, keep it up and you’ll take over the mantle from BF

There will never be another BF!

303abuser

Smallman1 You should mention that to Bryan Adams next time you run into him, maybe turn it into a song.

C_J

Smallman1 same. I’m done with men!

Along_the_Wire

303abuser There’s definitely only one BA

Smallman1

C_J same. I’m done with men!

Lol!

bosstrabs

I like ‘Bursty’ but I think ‘Worsty’ would be even better.

Or FIAT CUNTO.

Hursty

5% Interest rate…we are just getting started!

alistair

Hursty Paid off my mortgage last year. Keeping an eye on the savers rates.

Cankles-McJeggings

No mortgage for moi ! Money in the bank finally earning interest.

Cheers

Jacob Reece Mogg

Millsy

I have a lovely £250k left and sat on a 1.59% fix until Dec 2025.

Or fucked….er, I mean, ‘winning’ as I prefer to call it

Mad_Cyril

Millsy
In the Gonad yesterday some Labour MP was pointing out the irony of the banks coining it in while peasants like you struggle - especially as they haven’t repaid the public bailouts when they went tits up.

May be worth a strongly worded letter or, even better, a petition to get some momentum behind a windfall tax?

Smallman1

I’m in the process of remortgaging as we speak.

Going up by a bag of sand a month.

Absolutely fucking delighted.

Millsy

Smallman1 or winning as us winners like to call it. Imagine how much coal facing that grand could go on. Bastards

Smallman1

The kitchen sinking and ledging will have to be dialled right back.

Thank god the bants is immune from a rate rise.

We go again!

whatever

Smallman1

Go Fund Me page for ledging bants at the prog coalface?

Millsy

That was basically your suaving budget up the swanny.

Smallman1

Taken man nowadays!

Me Julie’s hit the absolute jackpot (minus a grand a month)

alistair

Smallman1 have you pitched your tent at Glasto yet?

Mad_Cyril

alistair
Dirty bugger

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