waiting for it

Depending on lot of things... What I do is first to check lend reg data (or ourproperty website or simillar) to see when and how much landlord payed for property...then I can make estimate for how much his monthly payments are...that can give you idea how much he might be prepared to reduce...that worked with me so I went from £950 to £800 as property was bought 8 years ago for half what is worth now... But everything depends how long you are ready to wait, time of the year, what you can offer in terms of security (job quality, for how long you want to stay...), area, market conditions...etc

5 minutes without oxygen and neurons are dead...if paramedics managed to pump fast enough oxygen while they put heart in action again damage to CNS can be minimall...that is very generall but depends on lot of things...then the problem is with the heart - what caused it to stop...etc...

My example...Newcastle...very nice area... ~year ago rented place for £950, six months contract... after that told lanlord that we thought it was too much and that I did not like agency fees and that I thought price was too high...They liked us and asked if £850 would be OK...We said we expected bit less...They asked if £800 would be OK...that is where we are now... So from £950 to £800...not bad... althought I think £950 was rip off but simmilar properties are still offered for that amount...not for long I would say... Also know for 4 bed house which was on market for sale or rent for couple of months...Asked 6 months ago how much the rent would be - they said £1200...I walked away...some lucky guy rented it month ago for £700!!!

Few graphs from articles...But we are better possitioned...at least that is what my darling says...

Just go through the archive - tons of very good stuff each day - more or less most of it can be found on this forum but this is on one place and in form of articles with loads of fantastic graphs. Scary although.

Sorry if already posted, but as economic newbie I find this website very usefull: normxxxruminates and then check this from their archive Bernanke's Recession: 'Till 2011 Bernanke's Recession Is Here: 11 Reasons It Will Last Till 2011 By Paul B. Farrell, Marketwatch | 28 February 2008 ARROYO GRANDE, Calif.— Remember that hot 1973 Stealer's Wheel song marking the end of the Nixon era? "'Cause I don't think that I can take anymore. Clowns to the left of me, jokers to the right, here I am stuck in the middle with you!" It's still a perfect metaphor. Testifying before Congress: Fed Chairman Ben Bernanke on the left. Treasury Secretary Henry Paulson on the right. The American public stuck in the middle. Last summer they assured us the subprime-credit crisis was "contained." We now know that was a big lie. They knew, had the facts, early warnings, lied and are still lying. More proof? They just told Congress: "America will avoid a recession." Latest data tells a different story. Clowns to the left ... jokers right ... stuck in the middle ... can't take it anymore. But we have to, we have to hang on at least 10 months more, praying they won't do too much more damage. But I'm afraid they will: more lies, blunders and incompetence will drag out this bear. Like the song says: "Got a feeling something ain't right." Read the new InvestmentNews a professional journal for financial advisers. The lead headline grabs you: "Bad times for stocks could last many years." A long secular bear. Do you believe it? That's the big question today: When's the next bull? How long will the bear last? And forget Washington's rhetoric about "no recession." The truth is, you can call it a "bear," "slow growth," a "downturn," a "recession"— call it whatever you want. Timing's the real question. How long will it last? When will it bottom? 2008? 2011? Test your timing skill. You tell us, what'll drag this out 30 months, like in 2000-2002? Or shorten it? Here are 11 critical factors for your timing equation, things that could make this bear-recession shorter or longer. You tell us. Add a comment. What's your prediction: How long before the next bull? 1. Stagflation: Bernanke's no-win Achilles heel Reading Fed-watcher William Fleckenstein's new book, "Greenspan's Bubbles: The Age of Ignorance at the Federal Reserve," you get the feeling that for 18 years America's banking system was run like a "new age" hippy commune, by a Ayn Rand free spirit who believed "anything goes." Now the Fed's run by a college professor and Fleckenstein says he's "in over his head." Except this is the real world, a $13 trillion economy in a $48 trillion world, not a college seminar on economic theory. In the 1970s Nixon faced a similar problem, convinced then by Fed Chairman Arthur Burns: "No one ever lost an election on account of inflation." Wrong! Low rates generated inflation not growth. That stagflation triggered a bear/recession. Is Professor Ben trapped, repeating history? 2. Housing-credit meltdown: We've got a long way to go! It's far from over folks and still spreading: Years of inventory, foreclosures, building slowdown, risky bond insurers, weak rating agencies, funds holding bad debt, freezing exits and fuzzy math on values. Yet Bernanke and Paulson still live in a Washington bubble of wishful-thinking fantasies. Economic realists say what's needed is a massive $1.6 trillion demand-driven program (that's the record cash Corporate America's hoarding) not a dinky $160 billion supply-side "appease the voters" giveaway that ends up increasing the odds of a lengthy Nixon/Burns style bear-recession. 3. Commodities: World's new reserve 'currency,' not dollars Forget paper money and IOUs. Commodities are the world's new "currency:" Hard stuff like oil, grains, metals, gold. And that means America is financing the growth of our enemies, surrendering our long-term economic power for short-term oil-guzzlers and plastic toys. We are responsible for making Russia and China into threatening world powers. Buffett warned us. We're selling the farm, piece by piece. 4. Toxic derivatives: World's $516 trillion ticking time bomb Derivatives are great for deal-by-deal risk management in a $48 trillion GDP world. But leverage them 10 times over across the globe and we got a financial "weapon of mass economic destruction." Bill Gross warns that the world's new unregulated "shadow banking system" is printing new money, now at $516 trillion, out of thin air, with no "central banks of last resort" backing up the "Frankenstein" monsters they've created. 5. Massive debt: Everywhere, trade, federal, states, local America's Comptroller General David Walker, Congress's head accountant who is leaving his position next month, warns our government is "bankrupting America." Using unethical accounting worse than Enron's. Fiscal responsibility lost. He sees "striking similarities" with Rome. Both parties are gluttons in a spending orgy. We spend-spend, load debt on future generations, then use accounting gimmicks to hide our greedy excesses: Hidden earmarks. Supplemental war appropriations. Meaningless IOUs after stealing from Social Security. 6. America's new 'pushers': Banks feeding consumer addicts Trader's Daily captured it perfectly: "Never underestimate the power of the superpsycho, hyper-spending American consumer. Where there is no cash, they will sell their soul. Or just charge it. Let's just not think about what it all means for credit-card debt down the road." Meanwhile, the credit meltdown is making banks desperate for money. A recent Chase credit-card commercial fuels consumer addictions: Wife wants bigger television. Husband smiles. They shop to the pounding drumbeat of Queen's hit 80s song: "I want it all, I want it all, I want it all ... and I want it now!" Tag line: "Chase what matters!" Yes, Chase debt, all you addicts. Forget saving, spend like there's no tomorrow. 7. More wars: Pentagon predicts bigger, costlier conflicts The Pentagon's internal studies see a perfect storm accelerating wars worldwide: Global population growth, limited natural resources and global warming. Our war machine is exploding. The Pentagon gets over 50% in the new federal budget. We're only 21% of the world's GDP, yet spend 47% of the world's total military expenditures. Our power-hungry mindset is becoming self-destructive, suicidal. Remember Nixon strategist Kevin Phillips' warning: "Most great nations, at the peak of their economic power, become arrogant and wage great world wars at great cost, wasting vast resources, taking on huge debt, and ultimately burning themselves out." 8. Greed: Wall Street and Corporate America's defining 'value' Values start at the top. But the top won't change for 10 months. Leadership, statesmanship and character are vanishing. Five short years ago Corporate America and the mutual fund industry were consumed by greed. How quickly we forget. It's worse today. We see greed consuming not just Wall Street's clueless CEOs, but the entire industry: Outrageous bonuses of $38 billion amid mega-billion write-offs. Fire sales of billions more American equity to sovereign nations. From the top down, greed is driving America from bubble to bubble. Wall Street's already fueling the next bubble, trading on a volatile market. 9. Democracy failing: America now run by 35,000 lobbyists! Forget government "of the people, by the people, and for the people." Adam Smith's "invisible hand" is now a small group of 35,000 highly paid, greedy lobbyists demanding handouts. They run America from the shadows, for those at the top of the economic food chain and vastly outnumber Washington's 537 elected officials. Nationally there's an estimated quarter million lobbyists, with hundreds of millions of dollars to buy favors in campaign contributions. Politicians talk "change," but America's lobbyists will still be working for their special interest clients in 2009. And they'll fight all "changes." 10. America's already in a recession, and in denial This year's elections will be a huge factor in lengthening the recession. Our [[divided,: normxxx]] lame-duck government will delay action on critical issues. It reminds me of my days counseling addicts and alcoholics. Change never happened until they admitted they had a problem. Same here; same now. Vote for whomever, but this lame-duck mindset plus lingering partisan rancor will push any recovery at least into 2009, probably delay the next bull till 2010 or 2011. Paulson and Bernanke can't even admit there's a recession. They'd have to take the blame for America's failed policies. And congressional Democrats are weak co-conspirators in this meltdown. Nobody has the guts to take responsibility. They're all like addicts and alcoholics, in denial, giving lip-service to "change," while they blame the other guys and support ineffectual stimulus plans. 11. Class warfare: Superrich vs. Main Street America No matter who wins, the presidential campaign is warning us: A major battle's coming between "the rich and the rest"— over taxes, benefits, cuts, power. For years the media collaborated with Wall Street and Corporate America, hyping "Ownership, the New American Dream," where everyone benefits, shares the wealth, gains a piece-of-the-action, ownership in "The Dream" through the magic of housing, stocks, growth, profits, retirement plans. But the housing-credit contagion killed the dream. Yes, the superrich did get richer. But "the rest" didn't. And they're waking up to a widening gap. A backlash is brewing and will explode ... delaying a recovery and a new bull. Clowns to the left, jokers on the right, we're stuck in the middle. Can't take it anymore? Add a timing comment. Tell us: When's the recovery? Next bull? Late 2008? Not till 2011? ߧ

I've been shocked this morning WHS Smith, 1/2 liter bottle of Cola - £1.35. I can not remember how much it was last week, actually yesterday, but I think it was not more then £1.15. That is ... let me see...17% inflation in one go...Same with bread, gas, veggies, fruit, bear, fuel...But what a hell I am talking...RPI, CPI 2-3 % per year. Does somebody has a link - how they calculate those numbers?

How much u would pay for this property in UK? Eastern Europe, 150 sq meters, 1600 sq meters plot, 1 acre very fertile arable land, nice area, 1 hour from capital, few miles from highway... It is for sale for £22.000, but I guess you can get it for well bellow £20.000

No, I do not drink, do not use drugs etc..Being there with kids, and could not beleive what I was seeing.... Full hospital bed, 2 meters long, they looked very happy and chating with each other... Maybe it was some sort of candid camera? It was unreal, althought seeing crowds there you could think that they are giving stuff for free.

Being this weekend in Metro center - Newcastle...Unbelievable!!! Never saw shopping crowds like that, not even in USA. But what stunned me was that I saw mother pushing her daughter with broken leg (not disabled, terminally ill or something like that) in HOSPITAL BED!!! This country is crazy, I can tell you that!!! To go in shopping, Saturday afternoon with daughter in hospital bed!? Something is terribly wrong here

Take a nice summer holiday in Croatia. Besides playing better football they also have much better weather and much nicer coast then you guys

That is the point - but tell that to average UK person. Unfortunately, I saw that story few times in my life and I know how it will end up here - same as everywhere else: making extremely xenophobic society with gethos inhabited by unhappy foreigners, surrounded by equally unhappy local citizens. As result of that all of them will be experiencing more crimes and drugs which will bring more job for government which will be more then happy to provide help if you give them one more chance.

Right in target - I do not understand stock markets very much but this is completely out of mind!!! So you report losses that are much worst then anybody expected, actually you make first losses in 25 years, everybody are talking that housing crisis will continue through 2008/2009, you are selling mortgages and you make prediction that next year will be better. And your stocks are 20% up as investors see that as good news?! What would happen if report was about 1.25 bilion dollars earnings, not losses? Stocks 20000000% up? Please help me to understand this!!!!!!!!!!

In addition most of EE (specially Poles, and I am not Polish) coming here are decent hard working people who want best for their kids and that is why they are coming here. They (Poles) are probably the immigrants that you should like the most as they are religiously, culturally etc... much closer to you then Chinese, Nigerians...(I am not racist but that is fact). I met lot of EE families in UK and I have to tell you (maybe you will not agree) that their kids are better behaved than most of UK kids. In addition they appreciate education very much so their kids will improve "fantastic" GCSE results UK kids achieved (I was SHOCKED to see GCSE report last week and your school minister or whoever he was saying that is impovement!!!)... But bringing EE here will definitely not solve your biggest problem - benefits system. The problem is that no government will touch that as it means losing millions of votes in next elections and they certainly do care more about their political careers then about UK prosperity.

Being immigrant I have to say I also do not understand why UK is the only EU country that completely open the borders. Lot of things in this country do not have any sense to me. The most important thing is: Why, for God sake, why you have millions of idiots on benefits here? I have relative here, UK citizen by birth, which I did not see for a while. Recently I asked him: So what do you do for living? Reply: Nothing, you know me, I really never liked to work, I am on benefits, Sony play station and that kind of things... Why for God sake you people allow that?!?! This guys are in perfect health and can do all the jobs that Poles are doing, and I think it is extremely unfair from you to turn your arrows toward hard working eastern Europeans. I can see flood of xenophobia here in recent months, but you should ask your government and your fellow citizens on benefits to sort out their problems before you start kicking EE from UK. Cheers