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ElaKiri Talk!
Credit crisis could cost nearly $1 trillion, IMF predicts
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<blockquote data-quote="lkdood" data-source="post: 1798426" data-attributes="member: 92282"><p>So people in Vegas ready to vote for Obama or Hillary ?</p><p></p><p>here in the UK:</p><p></p><p>harpest fall in the UK housing market since the recession of the early 1990s sent shockwaves through the City, wiping millions of pounds off the value of housebuilders and sending the pound tumbling more than two cents on expectations the Bank of England will cut interest rates tomorrow.</p><p></p><p>Housebuilders Persimmon, Bovis and Redrow, which had already seen their share prices fall 50pc in the past 12 months, dropped again after the UK's biggest mortgage lender revealed a 2.5pc fall in its housing index for March. Economists had expected a drop of nearer 0.5pc.</p><p></p><p><a href="http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/04/09/cnhouse109.xml" target="_blank">telegraph</a></p><p></p><p>House prices going down is not good <img src="/styles/default/xenforo/smilies/default/sad.gif" class="smilie" loading="lazy" alt=":(" title="Sad :(" data-shortname=":(" /></p></blockquote><p></p>
[QUOTE="lkdood, post: 1798426, member: 92282"] So people in Vegas ready to vote for Obama or Hillary ? here in the UK: harpest fall in the UK housing market since the recession of the early 1990s sent shockwaves through the City, wiping millions of pounds off the value of housebuilders and sending the pound tumbling more than two cents on expectations the Bank of England will cut interest rates tomorrow. Housebuilders Persimmon, Bovis and Redrow, which had already seen their share prices fall 50pc in the past 12 months, dropped again after the UK's biggest mortgage lender revealed a 2.5pc fall in its housing index for March. Economists had expected a drop of nearer 0.5pc. [URL="http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/04/09/cnhouse109.xml"]telegraph[/URL] House prices going down is not good :( [/QUOTE]
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