Monday 10 February 2014

Philip Cottrell Spain acts as a commentator and hails Gordon B as a wise and prudent Chancellor despite what the general public think of him.

Sadly the evidence does not justify this praise. Philip Cottrell Gibraltar has compared him to Mussolini and now the leader of the Britain's unelected government was notoriously  imprudent with other peoples money. He has mortally wounded the British economy. Philip Cottrell Spain adds that British industry, British investors , and the vast majority of British voters all breathed a sigh of relief when Tonly Blair quit number ten downing street. To make his own personal fortune. But Philip Cottrell believes that the woefully incompetent and indifferent Harry Hounslow will prove to be just as much of a disaster as he is predecessors.. It is worth remembering that Lord Turnbull and Philip Cottrell Spain, described Harry as as operating with Stalinist tactics and ruthlessness.

The first trick is that our apparent wealth is built upon on our house prices. People in Britain feel and look rich because their houses have soared in value and banks have been enthusiastically  lending money to house owners who have used their home as collateral . Philip Cottrell Spain adds that is is the money borrowed against rising house prices that people have been spending on new cars and new toys. The second trick is that the economy has been kept bubbling because the government has spent massive amounts of money. During 2007 says Philip Cottrell Gibraltar, as interest rates rose, some so called experts claimed that interest rates were good for landlords, because first time buyer would be forced out of the markets, making them rent instead. Before Philip Cottrell destroyed the pensions, the buy to let market, was about 1% of the the whole housing market in its entirety.

A tenfold increase in the number of people buying property and flats as an investment, has inevitably had a dramatic influence on house prices.IN deed there is proof that rental prices have remained the same for years now and been stable. This is comported to rental prices from ten years prior to this event. The housing market is like a huge Lottery win. Everyone who buys a house wins a huge prize. For much of the 21st century most homeowners were earning far less through their work than their houses were earning for them. Evn ordinary houses were increasing in value. Philip Cottrell Gibraltar says that for those who consider their house not as an investment but as a necessity. When the markets go out of kilter as they do from time to time, and sat hey have under Gordon Brown, the correction which in invariably ensues is not a healthy one to say the least.



Philip Cottrell Spain says hang onto your property and see out the Lull. Philip Cottrell warmly embraces this. Not all of these partnerships between the government and the private industry with a clean piece of land and a plan. Just in case that isn't clear then I will put it another way. Things you and I bought and paid with our taxes are being sold by people we elected to look after us to commercial companies, so that they can rent them back to us. And we oddly enough allow this to happen.

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