Benefits of the credit crunch
Discussion
It occured to me in the thread about this country's car hatred that we're not really seeing quite so much of this superficial envrionmental concern now people are too busy worrying about their finances. So what else is good about the credit crunch?
Every shop seems to have some sort of sale on. Similarly, second hand cars are starting to come down (Top Gears talk of £45k V8 Vantages had me contemplating a loan...) and I daresay it's a factor in petrol prices.
All those bloody property programs have gone. Hallejulah! No more god awful 'get rich quick by moving from Surrey to Devon' crap.
What else is there? Gotta be more.
Every shop seems to have some sort of sale on. Similarly, second hand cars are starting to come down (Top Gears talk of £45k V8 Vantages had me contemplating a loan...) and I daresay it's a factor in petrol prices.
All those bloody property programs have gone. Hallejulah! No more god awful 'get rich quick by moving from Surrey to Devon' crap.
What else is there? Gotta be more.
Selling my 911 for £1k less than I had paid for it a year earlier and buying a £1k bimmer seems inspired!
No more muppets talking about how much there houses are worth. Easy come, easy go.
I'll be able to afford a family home on a multiple of income........
List is endless. Crunch is good for all in jobs and not leveraged.
No more muppets talking about how much there houses are worth. Easy come, easy go.
I'll be able to afford a family home on a multiple of income........
List is endless. Crunch is good for all in jobs and not leveraged.
there's a lot of money to be made by day trading bank shares. But that only prolongs the unstability of the market.
I suppose the best thing about this credit crunch is that the public are finally getting to see how badly this New labour has screwed the economy! People are starting to wise up a bit more, and i think they are becoming a little bit less prone to the short term (please elect me!!) policies that parties spew out in an attempt to 'buy' votes.
I suppose the best thing about this credit crunch is that the public are finally getting to see how badly this New labour has screwed the economy! People are starting to wise up a bit more, and i think they are becoming a little bit less prone to the short term (please elect me!!) policies that parties spew out in an attempt to 'buy' votes.
Simpo Two said:
Chris71 said:
All those bloody property programs have gone. Hallejulah! No more god awful 'get rich quick by moving from Surrey to Devon' crap.
Not quite - they are doing 'makeover' programmes instead. MDF coffee table anyone?bromers2 said:
Spiritual_Beggar said:
I suppose the best thing about this credit crunch is that the public are finally getting to see how badly this New labour has screwed the economy!
So he screwed the whole world economy then ??? It's effecting everyone not just the UK !!Spiritual_Beggar said:
there's a lot of money to be made by day trading bank shares.
Good point. Must be a fortune to be made by picking the right bank and buying shares now they're depressed.I've actually just been left a load of shares in Barclays. No idea what they're worth, but I'm sure it'll be more in the future than it is now.
Like someone else said, I can't see the 'crunch being anything but a good thing for people who have a steady income and aren't tied to mortgages etc.
rent has come down because no-one can sell their houses, so the market is flooded.
Got an e-mail from my landlord yesterday stating that the rent was going up, i told him to pi$$ off and the rent should be coming down, funnily enough he still signed the contract at last years rate. cheeky fecker!
Got an e-mail from my landlord yesterday stating that the rent was going up, i told him to pi$$ off and the rent should be coming down, funnily enough he still signed the contract at last years rate. cheeky fecker!
Mattt said:
Simpo Two said:
Chris71 said:
All those bloody property programs have gone. Hallejulah! No more god awful 'get rich quick by moving from Surrey to Devon' crap.
Not quite - they are doing 'makeover' programmes instead. MDF coffee table anyone?Gillet said:
rent has come down because no-one can sell their houses, so the market is flooded.
Got an e-mail from my landlord yesterday stating that the rent was going up, i told him to pi$$ off and the rent should be coming down, funnily enough he still signed the contract at last years rate. cheeky fecker!
To be fair, he had to try didn't heGot an e-mail from my landlord yesterday stating that the rent was going up, i told him to pi$$ off and the rent should be coming down, funnily enough he still signed the contract at last years rate. cheeky fecker!
bromers2 said:
Spiritual_Beggar said:
I suppose the best thing about this credit crunch is that the public are finally getting to see how badly this New labour has screwed the economy!
So he screwed the whole world economy then ??? It's effecting everyone not just the UK !!NoelWatson said:
bromers2 said:
Spiritual_Beggar said:
I suppose the best thing about this credit crunch is that the public are finally getting to see how badly this New labour has screwed the economy!
So he screwed the whole world economy then ??? It's effecting everyone not just the UK !!Is any (Western economy) country in the world in a significantly better position to cope with the global problem?
Or to put it another way is there actually any evidence that our government have made things worse than they would otherwise have been AND that other countries have demonstrably made better decisions that put them in a better position now?
Gillet said:
rent has come down because no-one can sell their houses, so the market is flooded.
Got an e-mail from my landlord yesterday stating that the rent was going up, i told him to pi$$ off and the rent should be coming down, funnily enough he still signed the contract at last years rate. cheeky fecker!
Strange, the rental market is booming where I have my house, as nobody wants to buy, so they all rent...Got an e-mail from my landlord yesterday stating that the rent was going up, i told him to pi$$ off and the rent should be coming down, funnily enough he still signed the contract at last years rate. cheeky fecker!
cymtriks said:
NoelWatson said:
bromers2 said:
Spiritual_Beggar said:
I suppose the best thing about this credit crunch is that the public are finally getting to see how badly this New labour has screwed the economy!
So he screwed the whole world economy then ??? It's effecting everyone not just the UK !!Is any (Western economy) country in the world in a significantly better position to cope with the global problem?
Or to put it another way is there actually any evidence that our government have made things worse than they would otherwise have been AND that other countries have demonstrably made better decisions that put them in a better position now?
trooperiziz said:
Gillet said:
rent has come down because no-one can sell their houses, so the market is flooded.
Got an e-mail from my landlord yesterday stating that the rent was going up, i told him to pi$$ off and the rent should be coming down, funnily enough he still signed the contract at last years rate. cheeky fecker!
Strange, the rental market is booming where I have my house, as nobody wants to buy, so they all rent...Got an e-mail from my landlord yesterday stating that the rent was going up, i told him to pi$$ off and the rent should be coming down, funnily enough he still signed the contract at last years rate. cheeky fecker!
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