U.K. Consumers Cut Back on Beer, Shoes as Mortgage Crunch Looms

“We have a fixed-rate squeeze coming,” said Alan Clarke, an economist at BNP Paribas in London. “Consumers are going to bear the brunt of a slowdown.”
Ben Craster, 33, of London, says he’ll be drinking less beer this summer. Craster said a new mortgage “is going to cost me an extra 200 to 300 pounds a month, easily.” After considering the impact on his beer budget, he said he may take more drastic action. “I may think about selling,” he said after cycling to visit a client to save a one-pound bus fare. “It’s getting too expensive to live in London.



When Fed policy makes its relentless descent upon the succulent prey that impatiently awaits its motives, the boom/bust cycle is born. The moods that arise from these cycles have many faces that which swing from a social combine of ecstatic impulsive selfishness, greed-associated extreme happiness, hierarchal persuasiveness, desolation, deprivation, destitution, and the possible penultimate form of depression.
All in a time frame that is conveniently curated by the host.

In the midst of ignorance that bleeds the question of my inspiration, this new or New World, or world that is ‘New’- the effective, fortunate, achieved, blessed, creation of this ‘New’ world lends the accurate excuse of self-reliant capital domination for which the unfortunate are to beg in a extradited, falsified pretense form of acceptation, herein known as manipulated ignorance that is cyclical by cause & effect. More importantly by design.

Within this column of confusion, voices that permeate the fabric of this doctrine, the consumer finds solace within the comfort of associated collection. After all, there is no reason other than to believe that the average middle-class American consumer (or consumer in America) has positioned the self in a way that is totally susceptible to all sorts of fashionable forms of financial slavery.

In the up-phase of the economic boom, whichever asset class it finds residence, the stampeding goal of self sufficiency reflects this happiness at such extremes that smiles no longer find reason, but find commonplace. As sure to follow, this “happiness” correlates to its precedent in lockstep fashion.

Shall one ask (during the increased economic frenzy) – “How do you see that voracious smile? What do you do with that?” It is interesting to know that the fictional human has a strange way of staring one in the face. “Is it dead?, you might ask. “Does it have feelings?”. It would be hard-pressed to tell when the fashion of happiness has infected the whole. More easily would it be to understand that predicating the internal structure of the happiness cycle would certainly be more realistic, and understandably foreseeable.

To measure the determination of the ‘all-American smile’, one must judge the association, the nest- the stability of internal cohesiveness- the glue that bonds the emotion.
Sacrifice the chaos and the residue reveals the foundation. Herein lies the indicator. The silent, staring prose that grasps your consciousness.
Love finds no other way but to adhere, intuitively to the core of human emotion.

How false does true stand? How true does false demand? See the fine line that carries the conduit. The connection is solid without fray.
Everything else is a joke.

July 28, 2007

Miami Vise

July 21, 2007

My friend John S., who keeps himself uniquely associated with real estate trends, sent over this current ad in Miami along with the below Bloomberg article.