hogmaw Posted January 23, 2009 Share Posted January 23, 2009 I'm not that bothered personally. Life is full of ups and downs, and this is just one of the downs. I'll see it through just like I did with the other recessions of recent years. Quote Link to comment Share on other sites More sharing options...
jevansio Posted January 23, 2009 Share Posted January 23, 2009 I'm not that bothered personally. Life is full of ups and downs, and this is just one of the downs. I'll see it through just like I did with the other recessions of recent years. I've just looked out the window, the number of people jumping off the bridge is unbelievable Quote Link to comment Share on other sites More sharing options...
grahamc Posted January 23, 2009 Share Posted January 23, 2009 http://www.bbc.co.uk/ Quote Link to comment Share on other sites More sharing options...
Branners Posted January 23, 2009 Share Posted January 23, 2009 hurrah. Oh no wait thats not the response Im supposed to give. It could be an amusing time for those who have lived beyond their means. Quote Link to comment Share on other sites More sharing options...
Axle Posted January 23, 2009 Share Posted January 23, 2009 Business as usual then. Quote Link to comment Share on other sites More sharing options...
stevie_b Posted January 23, 2009 Share Posted January 23, 2009 Anyone who hasn't seen that coming since July/Aug 08 must have had their head in the sand. Quote Link to comment Share on other sites More sharing options...
Carl_S Posted January 23, 2009 Share Posted January 23, 2009 I feel sorry for the people suffering under this. I hope they will use the time to rethink and reskill. I know I have to earn more money and things are very tight for me right now. Just have to be persistant, and if that fails inventive. Least it's not like we are one of the villagers in the film "Seven Samuari". Not exactly, a comfort, but still. Quote Link to comment Share on other sites More sharing options...
RiceRocket Posted January 23, 2009 Share Posted January 23, 2009 So'll the government and the media will stop calling it 'the downturn' now then. Quote Link to comment Share on other sites More sharing options...
JamieP Posted January 23, 2009 Share Posted January 23, 2009 It could be an amusing time for those who have lived beyond their means. Seems to be a lot of them people about as well. Quote Link to comment Share on other sites More sharing options...
Matt H Posted January 23, 2009 Share Posted January 23, 2009 It could be an amusing time for those who have lived beyond their means. Isn't that the reason why we are all in this situation now? Credit Credit Credit.. Quote Link to comment Share on other sites More sharing options...
hogmaw Posted January 23, 2009 Author Share Posted January 23, 2009 Isn't that the reason why we are all in this situation now? Credit Credit Credit.. I just got sent a new credit card today. Cut in half and in the bin. Debit card only now! Quote Link to comment Share on other sites More sharing options...
PeteA Posted January 23, 2009 Share Posted January 23, 2009 So far, global credit terrorism change has only meant slightly cheaper fuel for me. My rent hasnt gone up and gas/leccy/phone and food have not been increases i have noticed. Im in a modest paying job, so im not just too rich to notice. However, now that its official i shall have to only fill the supra up halfway every fill up, in order to save weight to get better mileage. Quote Link to comment Share on other sites More sharing options...
Gazboy Posted January 23, 2009 Share Posted January 23, 2009 hurrah. Oh no wait thats not the response Im supposed to give. It could be an amusing time for those who have lived beyond their means. Certainly but there are many more who are goody two shoes financialy who are also falling foul of the reccession, my MiL has never been in debt in her life (mortgage excepted) and saved for everything. She's paid the mortgage off and drives a modest car, all she has to pay for are her household bills and food and yesterday she was made redundant from the conference centre she worked for. Anyone who hasn't seen that coming since July/Aug 08 must have had their head in the sand. You mean August 2007 surely? Quote Link to comment Share on other sites More sharing options...
Branners Posted January 23, 2009 Share Posted January 23, 2009 Certainly but there are many more who are goody two shoes financialy who are also falling foul of the reccession, my MiL has never been in debt in her life (mortgage excepted) and saved for everything. She's paid the mortgage off and drives a modest car, all she has to pay for are her household bills and food and yesterday she was made redundant from the conference centre she worked for. Redundancy can hit anybody, however your MiL does not have overheads to worry about and can therefore take a lesser job to get her by. Its those who have mortgages worth 5x their salary, car loans for £20,000, credit card bills over £10,000 and no savings that are going to get it in the neck. They have lived way beyond their means and will expect the government to bail them out. Quote Link to comment Share on other sites More sharing options...
Dnk Posted January 23, 2009 Share Posted January 23, 2009 I've just watched a video on a property forum regarding the USA property market and the forecasts they were coming out with dont look good if there even half right. They forecast another crash as more mortgauge's go from a fixed low rate to variable, if you can find the video its worth watching. It's on youtube, sorry guys im old and dont do this linking stuff lol the forum is http://www.propertycommunity.com/forums/ north american section Quote Link to comment Share on other sites More sharing options...
Gazboy Posted January 23, 2009 Share Posted January 23, 2009 Redundancy can hit anybody, however your MiL does not have overheads to worry about and can therefore take a lesser job to get her by. Its those who have mortgages worth 5x their salary, car loans for £20,000, credit card bills over £10,000 and no savings that are going to get it in the neck. They have lived way beyond their means and will expect the government to bail them out. I know mate. The government probably will bail out these cretins too. The UK itself will need a bailout from the IMF at this rate while Drowning are in charge. Quote Link to comment Share on other sites More sharing options...
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