Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
|
quote: Originally posted by willay
its okay for us, volatile market s = good for futures traders apparently
Very!!!!
|
willay
Moderator Organiser: South East, National Events Premium Member
Registered: 10th Nov 02
Location: Roydon, Essex
User status: Offline
|
Means all projects that involve downtime get pushed back so they can rinse the fuck out of it.
|
Colin
Member
Registered: 4th Apr 02
User status: Offline
|
No chance all house prices will go drop, I will eat my trainers if it does. Only the very top where people have been pushing for the big money £350k+ (Thats a big money house up my way! yours will be different) will struggle to sell, its evident already, where I am & most of us are 1st time buyers, cheaper houses shouldnt suffer as competition is still strong here - there will be less people affording to lend what they could before as banks are tightening the belt on leanding, people will just have to cruise it out like we did when maggie was in power & fucked things right up, though this wont get anywhere as bad!!
[Edited on 22-01-2008 by Colin]
|
nik
Member
Registered: 19th Jun 00
User status: Offline
|
I'd say it's the other way round Colin, the cheap first time houses will struggle to sell, and the highest priced won't - Most people in that ranged aren't mortgaged highly unlike many first time buyers. TBH this has been coming for years, and it's mainly down to the banks lending people too much money with no hope of paying it back, vicious circle - Can see a shed load of people declaring bankruptcy this year. And a lot more businesses going into liquidation.
|
richardworrall
Premium Member
Registered: 20th Sep 05
Location: Derby
User status: Offline
|
i dont know what impact this will have on the financial sector but i have it on good authority that the chairman of Black Horse Finance has walked this week amid talks of the company collapsing. I know for a fact they are big in the Motor Financing side.
|
Phi
Member
Registered: 8th Jan 07
Location: South
User status: Offline
|
quote: Originally posted by willay
I thought the last recession was in 1992 not 2002?
lol i thought it was like 1930's?  
i told you i didnt know MUCH about it 
|
Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
|
That was the great depression phi, 1929 in america... gets taught in school iirc which is probably why you thought about it
|
CorsAsh
Member
Registered: 19th Apr 02
Location: Munich
User status: Offline
|
quote: Originally posted by Jodi_the_g
The £ is also the weakest its ever been against the euro.
Excellent news for me personally, I have to transfer some monies soon!
|
John
Member
Registered: 30th Jun 03
User status: Offline
|
House prices won't drop here, at the very worst (best if you are trying to buy) the high end will slow down.
|
Daimo B
Member
Registered: 20th Mar 00
User status: Offline
|
Read last night that we shouldn't really be effected as much as the rest as Europe as we're having a really good economy recently.
I really am not worried about it at all. I think its the people who keep talking about it and "this is gonna happen" blah blah that sparks the fears off.
|
Phi
Member
Registered: 8th Jan 07
Location: South
User status: Offline
|
the government will leave it to the last second! and we will probably end up having the power cut off etc :S lol
they should start cutting down there expenses etc!!!! now!
|
Daimo B
Member
Registered: 20th Mar 00
User status: Offline
|
Not really, if your not aware really of whats going on, your probably the kinda person that doesn't really care anyway......
|
Phi
Member
Registered: 8th Jan 07
Location: South
User status: Offline
|
I do care daimo! 
just dont know much about it, me and rich even had a slight argument/debate about it last night lolol !
|
Daimo B
Member
Registered: 20th Mar 00
User status: Offline
|
I don't mean you personnally, it was a generalisation.
i.e if the person thinking about the recession (or not as this case is) then they probably the kinda person that (see above......... )
I didn't mean you specifically.
|
Daimo B
Member
Registered: 20th Mar 00
User status: Offline
|
Oh, btw, who was killed just down the road from Richs? I see all the flowers on the pole.
|
Phi
Member
Registered: 8th Jan 07
Location: South
User status: Offline
|
think some kid ran out infront of a car....
|
Daimo B
Member
Registered: 20th Mar 00
User status: Offline
|
Loads of people being killed round our way recently.
Kid was run over by a bus too How you can miss a 30ft long bright green bus defies me
|
willay
Moderator Organiser: South East, National Events Premium Member
Registered: 10th Nov 02
Location: Roydon, Essex
User status: Offline
|
VXR when are you going to hook me up with the law firm honeys
|
Phi
Member
Registered: 8th Jan 07
Location: South
User status: Offline
|
WILLIAM
|
Daimo B
Member
Registered: 20th Mar 00
User status: Offline
|
quote: Originally posted by willay
VXR when are you going to hook me up with the law firm honeys
???
|
willay
Moderator Organiser: South East, National Events Premium Member
Registered: 10th Nov 02
Location: Roydon, Essex
User status: Offline
|
quote: Originally posted by VXR
quote: Originally posted by willay
VXR when are you going to hook me up with the law firm honeys
???
in another thread we spoke about your office honeys
|
Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
|
quote: Originally posted by Corsa_phi
think some kid ran out infront of a car....
One did the same round here recently, fele sorry for the driver 
And the parents etc obv
|
Jodi_the_g
Member
Registered: 7th Aug 01
Location: Washington D.C
User status: Offline
|
Well bank of america have lost 95% of their profits so thats them fucked.
|
Daimo B
Member
Registered: 20th Mar 00
User status: Offline
|
quote: Originally posted by willay
in another thread we spoke about your office honeys
Yeah but I said come up and i'll take you for a walk round the office 
I don't socialise with any of them, I don't like those kind of people (hence looking for a job OUT of law ).
|
willay
Moderator Organiser: South East, National Events Premium Member
Registered: 10th Nov 02
Location: Roydon, Essex
User status: Offline
|
cool, you're just off morgate right?
|