Not to start an argument, but I thought Tesco's was the worst share for you, thought they crashed not so long ago, on the other hand for me Lloyds have been the best share I bought so far, better than my IGAS & EDR trying to make my money back on them.
The UK economy is being propped up by like you say an over inflated house market, along with the banking and insurance sector. Without these we don't have anything viable to stand on. And that is the reason why the government wont let these sectors collapse and will do anything to keep them going, simple as. I really do feel sorry for the younger generation, if people are struggling now, with housing, what will it be like in the years to come, guess it will only be harder.
That's the trouble with politicians. They're more dishonest than the bankers. With just a few months to go before the election they are so terrified about short term image that they bribe us with our own money rather than making us face the problems. They are just kicking the can down the road. I think we need the bubble to burst so that we can change the way we do things in the future. One caveat: would like a day or two warning so I can bail out of the market.
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