Migrant Mother Posted August 6, 2011 Share Posted August 6, 2011 Emergency edition of Moneybox explaining the masses what's going happen to them on now. Meanwhile lot's of fear over at mumsnet. Papers screaming about enconomy/banking crisis. Is it for real this time Here we go.... Quote Link to comment Share on other sites More sharing options...
Gigantic Purple Slug Posted August 6, 2011 Share Posted August 6, 2011 Emergency edition of Moneybox explaining the masses what's going happen to them on now. Meanwhile lot's of fear over at mumsnet. Papers screaming about enconomy/banking crisis. Is it for real this time Here we go.... Interesting thread. Quote Link to comment Share on other sites More sharing options...
dances with sheeple Posted August 6, 2011 Share Posted August 6, 2011 " People will be trapped in houses they can't afford, unable to sell and therefore may be trapped in houses or towns they don't like." My favourite . Time to send banker man back his keys and tell him to suck on the losses? Call me Dave won`t let you freeze Quote Link to comment Share on other sites More sharing options...
Migrant Mother Posted August 6, 2011 Author Share Posted August 6, 2011 " People will be trapped in houses they can't afford, unable to sell and therefore may be trapped in houses or towns they don't like." My favourite . Time to send banker man back his keys and tell him to suck on the losses? Call me Dave won`t let you freeze I like this one... I always had the feeling our financial system was basically a big pyramid scheme. 2 trillion dollars have vaporized in the last week of stock carnage.I do wonder what all the peole who've bought into gold are going to do when it all goes poof ! Walk to The Swiss border and lug it home ? Gold plated bean poles ? As for the Emergency MoneyBox Edition it sounded oddly muted, presented by some old guy who sounded resurrected from WW2. Keep calm and all that Quote Link to comment Share on other sites More sharing options...
Georgia O'Keeffe Posted August 6, 2011 Share Posted August 6, 2011 (edited) Emergency edition of Moneybox explaining the masses what's going happen to them on now. Meanwhile lot's of fear over at mumsnet. Papers screaming about enconomy/banking crisis. Is it for real this time Here we go.... Edited August 6, 2011 by Mary Cassatt Quote Link to comment Share on other sites More sharing options...
Scunnered Posted August 6, 2011 Share Posted August 6, 2011 " People will be trapped in houses they can't afford, unable to sell and therefore may be trapped in houses or towns they don't like." Tough titteh. Quote Link to comment Share on other sites More sharing options...
Live Peasant Posted August 6, 2011 Share Posted August 6, 2011 I don't know much about the average mumsnetter but in the past, they've never come across as being the most incisive thinkers, then suddenly there are a bunch sounding quite bearish. Methinks someone's been goading the natives. Quote Link to comment Share on other sites More sharing options...
eric pebble Posted August 6, 2011 Share Posted August 6, 2011 I don't know much about the average mumsnetter but in the past, they've never come across as being the most incisive thinkers, then suddenly there are a bunch sounding quite bearish. Methinks someone's been goading the natives. They're beginning to regret taking out all those LIAR LOANS.... . Quote Link to comment Share on other sites More sharing options...
Georgia O'Keeffe Posted August 6, 2011 Share Posted August 6, 2011 (edited) They're beginning to regret taking out all those LIAR LOANS.... . there is no sub prime in the UK, only, savvy entrepreneurially innovative leverage, you must be getting confused with Nigeria or the US Edited August 6, 2011 by Mary Cassatt Quote Link to comment Share on other sites More sharing options...
Chest Rockwell Posted August 6, 2011 Share Posted August 6, 2011 No fear yesterday! Big conversation going on in the Steam Room at the Gym last night, with one chap saying to his mates (approx 6 people) "terrible sh*t in the news today, you lot listened to the news today?". There was me thinking "ah the debt crisis, stock market falls etc"? LOL!!! The friends shook their heads with a "nope" so the chap filled them in on the terrible shit in the news: "Young lad got eaten alive by a f*ckin Polar bear, f*ckin shocking man" Quote Link to comment Share on other sites More sharing options...
Georgia O'Keeffe Posted August 6, 2011 Share Posted August 6, 2011 No fear yesterday! Big conversation going on in the Steam Room at the Gym last night, with one chap saying to his mates (approx 6 people) "terrible sh*t in the news today, you lot listened to the news today?". There was me thinking "ah the debt crisis, stock market falls etc"? LOL!!! The friends shook their heads with a "nope" so the chap filled them in on the terrible shit in the news: "Young lad got eaten alive by a f*ckin Polar bear, f*ckin shocking man" i heard about that, Esher wasnt it? Quote Link to comment Share on other sites More sharing options...
GinAndPlatonic Posted August 6, 2011 Share Posted August 6, 2011 Ahh yes....and meanwhile.... 29,000 under fives have died from starvation in Somalia in the last 3 months. Quote Link to comment Share on other sites More sharing options...
Sour Mash Posted August 6, 2011 Share Posted August 6, 2011 I like this one... As for the Emergency MoneyBox Edition it sounded oddly muted, presented by some old guy who sounded resurrected from WW2. Keep calm and all that Listening to it now on iPlayer - what a load of rubbish! Plenty of soothing crap about how everything is going to be all right really, implying that more QE is a good thing and loads of completely useless generic 'stating the bloody obvious' advice. Next to no useful insight or info. Quote Link to comment Share on other sites More sharing options...
bricor mortis Posted August 6, 2011 Share Posted August 6, 2011 No fear yesterday! Big conversation going on in the Steam Room at the Gym last night, with one chap saying to his mates (approx 6 people) "terrible sh*t in the news today, you lot listened to the news today?". There was me thinking "ah the debt crisis, stock market falls etc"? LOL!!! The friends shook their heads with a "nope" so the chap filled them in on the terrible shit in the news: "Young lad got eaten alive by a f*ckin Polar bear, f*ckin shocking man" The Omen. Quote Link to comment Share on other sites More sharing options...
frozen_out Posted August 6, 2011 Share Posted August 6, 2011 Class thread. Self sufficiency is fascist, apparently. All of a sudden they all knew it was coming. Funny that. All we need now is MSE on board and we know it's full steam ahead into the fear phase. Next stop capitulation Quote Link to comment Share on other sites More sharing options...
Darkman Posted August 6, 2011 Share Posted August 6, 2011 No fear yesterday! Big conversation going on in the Steam Room at the Gym last night, with one chap saying to his mates (approx 6 people) "terrible sh*t in the news today, you lot listened to the news today?". There was me thinking "ah the debt crisis, stock market falls etc"? LOL!!! The friends shook their heads with a "nope" so the chap filled them in on the terrible shit in the news: "Young lad got eaten alive by a f*ckin Polar bear, f*ckin shocking man" Not the bear food you were expecting eh? Quote Link to comment Share on other sites More sharing options...
'Bart' Posted August 6, 2011 Share Posted August 6, 2011 "People will be trapped in houses they can't afford, unable to sell and therefore may be trapped in houses or towns they don't like." As opposed to those who can't afford to buy and are stuck in estates/towns they don't like. "Houses they can't afford". Why, that wouldn't be because THEY'RE TOO FRICKIN' EXPENSIVE!!! Would it? I do wonder what all the peole who've bought into gold are going to do when it all goes poof ! Walk to The Swiss border and lug it home? My flat is on the Swiss border? Does this mean I meed a passport to go to the loo? Not the bear food you were expecting eh? Quote Link to comment Share on other sites More sharing options...
Saving For a Space Ship Posted August 6, 2011 Share Posted August 6, 2011 (edited) Here we go again... get your bear fur jacket out (and the Ray Mears dvd's) Edited August 6, 2011 by Saving For a Space Ship Quote Link to comment Share on other sites More sharing options...
Diver Dan Posted August 6, 2011 Share Posted August 6, 2011 The fear phase? That really would be hardcore. Quote Link to comment Share on other sites More sharing options...
Chest Rockwell Posted August 6, 2011 Share Posted August 6, 2011 Not the bear food you were expecting eh? Very good! Quote Link to comment Share on other sites More sharing options...
erranta Posted August 6, 2011 Share Posted August 6, 2011 (edited) CogitoErgoSometimes Fri 05-Aug-11 18:22:21 Mumsnetter page You can think yourself lucky that you're in the UK. Our economy may be slow at the moment and we may not exactly be enjoying the austerity measures the government has introduced, but we're generally regarded as being 'well managed' and that counts for a lot these days when investors are cashing up and keeping it under the mattress. If you're banking in the UK as well, your deposits up to £85k per financial institution are guaranteed by the FSA compensation scheme. But our banks are not in trouble, have more reserves, and are not as highly geared as they were pre-2008 Girlies If the above were true - then the bankers would be back into a lending frenzy They are not lending cos they is still bust with empty coffers and CDS's/CDO's blowing up in their faces every month! The whole banking system doesn't trust each other - cos they don't know the amounts of debt and future debt they are each sitting on. Therefore all lending between banks is at a massive low. At a guess - it's stalemate for the forseeable future! Edited August 6, 2011 by erranta Quote Link to comment Share on other sites More sharing options...
DeepLurker Posted August 6, 2011 Share Posted August 6, 2011 Very odd, that Mumsnet thread. It read like a bunch of (male) HPCers chewing the cud. Does Mumsnet have a number of HPC undercover agents who are there to spread the word of Low House Prices Means More Money For The DCs? Quote Link to comment Share on other sites More sharing options...
Darkman Posted August 6, 2011 Share Posted August 6, 2011 Very odd, that Mumsnet thread. It read like a bunch of (male) HPCers chewing the cud. Does Mumsnet have a number of HPC undercover agents who are there to spread the word of Low House Prices Means More Money For The DCs? Well someone mentioned the XFactor sarcastically so read into that what you will Quote Link to comment Share on other sites More sharing options...
brassed off brit Posted August 6, 2011 Share Posted August 6, 2011 this one is just taking the p1ss! 70 grand a year and cant afford to eat! feck me! twinklypearls Fri 05-Aug-11 19:37:24 "I don't know how people are going to cope, we have a household income of about £70K, not extraordinary but we are hardly paupers. We can't afford to eat meat, we rarely put the heating on, dp works from home and I work close to home so no real commuting costs but in our own time we rarely use the car. I get a lunch at work in return for a duty and I often stuff myself so I don't need to eat at home. I know that dp often skips meals to save money. Dd's new clothes have all been second hand and I cut her hair myself. Dp and I don't need any clothes thank God." Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted August 6, 2011 Share Posted August 6, 2011 Very odd, that Mumsnet thread. It read like a bunch of (male) HPCers chewing the cud. Does Mumsnet have a number of HPC undercover agents who are there to spread the word of Low House Prices Means More Money For The DCs? Somebody once posted a link here to a thread there so I made a post on it. Then someone here quoted my post there and asked if it was posted by one of us Quote Link to comment Share on other sites More sharing options...
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