I was ridiculed for my warn­ings

Kentish Express Ashford & District - - Opinion -

IT BEG­GARS be­lief that those who sup­pos­edly mon­i­tor the fi­nan­cial af­fairs in the UK, Amer­ica and other coun­tries failed to see what was a frenzy of greed cou­pled with an orgy of mis­man­age­ment. It is a dis­grace and those in­volved must surely be bought to book. I have been fore­cast­ing the cur­rent sit­u­a­tion over the last six years and I have faced ridicule and de­ri­sion from many and now those “many” are agree­ing with me and say­ing “how did you know”? It was so ob­vi­ous. The ma­jor­ity of us have been and still are sleep-walk­ing into dis­as­ter. The hous­ing mar­ket was com­pletely un­sus­tain­able, prices forced up by those with vested in­ter­est with scant care for the in­ter­est of those who would have to take on th­ese debts as gen­er­a­tions pass. The “good” days are over. J. Hoad, Thorn­den Lane, Rol­ven­den.

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