Interest rates stabilising and profits up at Barclays. But is it still a declining economy and just a few profiteering?

Trumpo currently liaises with the wealthy, the not so wealthy and the worst hit from the recession – the growing unemployed.

The wealthy are sniffing out the opportunities and are starting to flex their ”CASH” muscles by grabbing bargains at rock bottom prices, maybe even “Northern Rock” bottom prices. Assetts whether they be companies, land or property are being snapped up leaving their forced sellers to nurse their financial wounds, but we need to accept that this is straight forward capitalism and transactions are needed to acclerate any recovery, so Trumpo is content to promote more of the same. The market value for properties will be found, we just need to find it and find it quick.

I just hope we arent covering the true state of the economy in mickey mouse plasters, and that we are about to get a second wave of the financial epidemic. I believe another £50 Billion is being pumped into our critical economy today by the Bank of England, how long can we continue to keep doing this ?

I believe in the british resolve and we will get through this. I read a very good article by Matthew Arena the MD of Exclusive Connections, one of the last remaining mortgage distributors and it lifted my sprits and I will give you a couple of his comments which we should all take note of;

“While we might like to believe that the current financial maelstrom is utterly unique to us, history tells us that boom and bust have been a feature of our existence for as long as there has been international business. We are, if we listen to the doomsayers always destined to repeat the mistakes of the past.

Personally I prefer to believe that crises, particularly the financial kind, provide opportunities to learn, adapt and move on. The tide might retreat in times of trouble but the high water line of man’s evolution continues to move further up the beach”

The above is so true, and bizarrely ironic at the same time - I got an unbelievable text ealrier today from one of my friends;

Playboys  – “Boat Sinking – in life boat going to catch a taxi” 

Trumpo   –  ”are you taking the P**s ?” 

Playboys  -  “NO”

Concerned Trumpo “are you all OK” 

Playboys – “yes all OK, rescue tug has pumped out boat (US financial bailout plan) both props gone (Bankers) divers going down to asses, we were towed back by life boat all rafts depolyed (G20 love in)”

The 60FT luxury yacht with some of my very luck wealthy friends had set sale on a little jolly from Portugal to Spain and hit some rocks. Unlucky you might think! however troublesome, he will probably now move ”further up the beach” with a new boat. As one boat goes down another one will be launched, and in most instances it will be more efficient, safer and stronger !

Your nimble dinghy owning Trumpo. 

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