Someone who saw it all coming…

Why the fuck wasn’t this guy in our government back in 2007?

One of his comments on one of his own blog entries:

Mountjoy wrote @

Well, I have to admit that part of my motivation is that, as an economist, I can see where the housing market is going … sub prime mortgage crisis in the US … Bank of England buffoons tinkering with the interest rates (still on hold yesterday … swines) … Gordon’s tax and grab economic policies haven’t yet come home to roost.

I well remember being clobbered when Brown raised tax – i.e. National Insurance – some years back, so I don’t intend to get clobbered again when the bubble bursts.

At any rate, I need to move in the next 6-9 months and I might as well get it on the market now. I’m not going to be able buy again immediately where I’m llikely to move to, which will give me some time to see what exactly is going on in the market.

So, why wasn’t he advising the government on financial matters?

Ah…he’s a Tory…er, Lib Dem…er, UKIP, er…

Oops.

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2 Responses

  1. I was not advising the Government because they wouldn’t listen to common sense anyway.

    I hail from Northern Ireland so I am neither Tory, Lib Dem nor UKIP thank you very much 🙂

    Glad I sold the house, though. Goodbye property market for a while.

  2. Well, I knew for sure you weren’t a Labour supporter…

    Sorry about the political confusion 🙂

    Yes, I sold a property I inherited just as things were starting to really tighten up – took a hit on the price, or so I thought. Now similar properties are starting to sell but for less than I got.

    So, how come you saw things shaping up exactly the way they turned out when our ‘government’ didn’t?

    Anyway, I really enjoyed reading your blog. Thank you very much!

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