Fancypants

just like everyone else who lives there. Anyway, one man's naughty is another man's nice, I guess.

to be fair... our mystery guest was quicker

The FSA will take on anyone who can't spend as much money on lawyers as it can.

no sillier than any other analogy drawn on this thread

Course not. But there isn't a place on earth that the mob we get on here would approve of.

not necessarily - still a good result IMO

another name for the list. There's a spare set of stocks next to Ruth Sunderland's.

Good vid

how do you know its a guy? He could be referring to a trade wind, or a racehorse. I'm telling you, this guy is at a higher level of consciousness right now. I'm desperately trying to keep up, but my sanity is at risk.

Bit of a "spread" there between bidding and offering eh what

I think the carnage will drive folk back into their shells. Thankfully some of us only rent the shell and aren't committed to anything too onerous. I honestly think we are about to witness a trans-generation change (attitude to "ownership" being part of this) in culture of great profundity.

The definition of pithy.

Don't worry about him, at this stage on a Saturday night he's often found on the brink of nirvana. I guess this is reverse causality. Because A & B can be observed at the same time, many minds seek the simplest explanation that A caused B, whereas in fact, B caused A - for example, I had an argument with a friend on Thursday (his Mrs works in marketing *spit*) where he trotted out the old chestnut "companies that maintain marketing spend in a recession will tend to survive it better" - I rejoindered with a quick "ah, perhaps we should consider that companies best equipped to survive a recession will tend to have more resource available to maintain marketing spend" yes, I am great fun at parties (until my peers with big mortgages show up)

Five years you say? The parable of the tortoise and the hare may be instructive to some here, I imagine.

I say, what a marvellous graph

How about Housing Associations needing to get involved in flogging off whatever fraction of their stock that they can to keep their own debt-reliant business models afloat? Reverse causality old bean.

Good points. Obviously its not possible to draw direct parallels between the two periods. For one thing, as we are beginning to see with "equity release" schemes etc, the longer life expectancies mean that the rules of the game are different again. Also, it is worth re-iterating that this bubble has driven prices up to the extent that many people are most unlikely to actually be able to pay off the mortgage and live rent free (renting money in this example) in retirement.

Good thread Litt, this is just the kind of stuff I like!

and so it continues... the cost of money gets driven up around the world, and those currencies unable/unwilling to join in will get flushed, thereby exacerbating their own inflation problems. Aint no way out of this one.

I noticed that too. It must have something to do with the months of the year, and the time left until November ends.

A pedant interjects... the late George Harrison was the author there TMT old chap

Dude is from Dormo. "Getting in amongst them" is the preferred solution to most problems there.

D'oh! Must have overlooked it due to the absence of an outrageously bleak title. Which also kinda backs up the point I was making, in a roundabout way.

After one hour, the answer is: a quite staggering level of indifference. I might as well have said that I liked deely-boppers and odd luminous terylene socks. (mind you, they're back in fashion now aren't they?)

I guess this is the payback for the extra two years that were squeezed out of the bubble.