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UK house prices 'to fall by 30%'

temi

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The head of Barclays bank has predicted that economic gloom will deepen, with house prices to fall in total by 30%.
John Varley's warning comes ahead of the latest UK unemployment figures on Wednesday, where the number of jobless is expected to rise sharply.
A new survey suggests household debt is on the increase, and the value of sterling has fallen against the euro.
House prices have already fallen by 15% this year, and his remarks suggest they may fall at the same rate next year.
John Varley, group chief executive of Barclays, painted a bleak outlook in an interview on Sky News, during which he criticised mortgage borrowing levels over the last decade.



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2009 - 2011 gonna be the worst 3 yrs in economic history. high unemployment. high crime, high inflation = paper money worthless

Powers that be already destroying our POUND. Which will make everyone panic and force us into the Euro..
(argument will be = our pound going to shit - Euro is strong. WE MUST JOIN EURO NOW BEOFRE ITS TOO LATE)

- its the only way they will get the UK into the Euro!

Basically so the NWO (New World Order also known as IMF [international monetary fund]) can bring us into a single currency system..

More control over the population = Enslave the world

But hey this is just some parranoid theory - It will never happen (Honest)

:whistling:
 
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