Panicking slightly - can people please convince me this is a good thing

geoffky

chucky wrote: »

the difference between now and 1929 was that there was no social safety net and a mich less understanding of what macro economics where, so in my opionion it is very unlikely to happen



i'm assuming that you are talking about your father and his property. he hasn't really lost any money because he hasn't sold his property - the value of your property is only of value when you sell. there is no point in saying that it is worth x amount or if i sold it now it would be worth y amount.

price of property can only be taken seriously when it is sold
if i have mis-understood this bit about your father and being a poorer man i apologise beforehand

it was his shares portfolio i was talking about. not too worry he is just a little poorer today than last week. we are not talking huge sums for him anyway.its as he calls it "his money to bury him":rotfl:

also the difference between now and 1929 is they had a paper trail and knew where the losses were and knew the risk areas .today we know erm not a lot and have not a clue where the toxic crap ends or begins. oh dear

lostinrates

Carol,

It sounds as if you have been feeling like I have this week.

If we think the 'doom news' here is intensive, well, I've been more depressed by DH's never ceasing blackberry and telephone seminars and meetings over the situatiuon. Then, after our IFA meeting on Monday I felt pretty depressed. We had another lock in with him today though and I feel more positive now (I think his plan was to scae the youngsters on a first meeting and reassure us with the message that good saving cures all ills) but my head is thumping and I'm still scared for the wider picture if somewhat reassured about our personal position.

My hope however, is that out of this there is oppertunity to re examine regulations over lending and other bank practice. That there is oppertunity for a taxation overhaul and simplification and that petty beaurocracy is replaced with a more natural system of common sense. I doubt the oppertunity will be taken to the full, whoever is elected next, but it should be.

It comes to something where light relief from the financial situation is sending DH and father to the pub so I can get on here to unwind a bit

HankMcSpank

Sir_Humphrey wrote: »

http://www.brandrepublic.com/News/847114/Lloyds-TSB-rescue-raises-questions-HBOS-brands/

More good news: there may be far fewer irritating adverts. As well as Halifax, HBOS owns the Esure and Sheila's Wheels brands!

:j :j

http://img364.imageshack.us/my.php?image=howardzf9.jpg

lostinrates

DH is suggesting we offer our horse to the advertising company in fact. Its a black horse, its very big (like the new super bank)and it dances to music. We are thinking a modest fee with some small royalty payment, get howard and the surfbooard up on the back of the horse, an annoying song with some dodgy lyrics relating to excellent mood for the future of British banking......

ess0two

lostinrates wrote: »

Carol,

It sounds as if you have been feeling like I have this week.

If we think the 'doom news' here is intensive, well, I've been more depressed by DH's never ceasing blackberry and telephone seminars and meetings over the situatiuon. Then, after our IFA meeting on Monday I felt pretty depressed. We had another lock in with him today though and I feel more positive now (I think his plan was to scae the youngsters on a first meeting and reassure us with the message that good saving cures all ills) but my head is thumping and I'm still scared for the wider picture if somewhat reassured about our personal position.

My hope however, is that out of this there is oppertunity to re examine regulations over lending and other bank practice. That there is oppertunity for a taxation overhaul and simplification and that petty beaurocracy is replaced with a more natural system of common sense. I doubt the oppertunity will be taken to the full, whoever is elected next, but it should be.

It comes to something where light relief from the financial situation is sending DH and father to the pub so I can get on here to unwind a bit

She's taking the p_iss and most likely would get under a rattlesnake with a top hat on.

PasturesNew

I don't feel my life's changed at all.

I wake up, I watch some TV, I eat some wine gums, I make some bread, I log onto my websites and see what I can fiddle with today, I chat online, I come here, I eventually fall asleep somewhere between 2am and 4am.

I don't go out to speak of. I don't buy things worth mentioning. I am still leading the same lifestyle I was. Money comes into my bank account from nowhere as if by magic. Money goes out on DDs. I log onto my bank once every 2 months or so to check if any needs topping up or siphoning off.

I did notice that chocolate bars seem to cost more now (the likes of Mars bars, Twix bars, etc), but I buy Tesco own brand cheapo sweeties, so there's no impact there except I am less likely to pick up a random chocolate bar when I pop into a shop.

I don't have all my STR in the right places. Opening so many accounts was too challenging and I never managed it. Knowing my luck, the one I've got most in will go under and I'll lose what's over the £35k. But that'd be my own fault. Banks are hard to open accounts with, it's that bit where you think you're home and dry and they send you a letter asking you to prove who you are; I never get round to that final bit.

matbe

PasturesNew wrote: »

I don't feel my life's changed at all.

I wake up, I watch some TV, I eat some wine gums, I make some bread, I log onto my websites and see what I can fiddle with today, I chat online, I come here, I eventually fall asleep somewhere between 2am and 4am.

I don't go out to speak of. I don't buy things worth mentioning. I am still leading the same lifestyle I was. Money comes into my bank account from nowhere as if by magic. Money goes out on DDs. I log onto my bank once every 2 months or so to check if any needs topping up or siphoning off.

I did notice that chocolate bars seem to cost more now (the likes of Mars bars, Twix bars, etc), but I buy Tesco own brand cheapo sweeties, so there's no impact there except I am less likely to pick up a random chocolate bar when I pop into a shop.

I don't have all my STR in the right places. Opening so many accounts was too challenging and I never managed it. Knowing my luck, the one I've got most in will go under and I'll lose what's over the £35k. But that'd be my own fault. Banks are hard to open accounts with, it's that bit where you think you're home and dry and they send you a letter asking you to prove who you are; I never get round to that final bit.

Note to self if I ever get like this its time to end it all.

matbe

Pastures new you have left the forum hope its to do something more usefull and not to end it all as i said in previous post.

Only a joke i would never do this i believe in "never let the [EMAIL="b@stards"]b@stards[/EMAIL] grind you down" mentality

PasturesNew

matbe wrote: »

Pastures new you have left the forum hope its to do something more usefull and not to end it all as i said in previous post.

Only a joke i would never do this i believe in "never let the b@stards grind you down" mentality

I ran off to HPC to catch up.


Then I had some rss aggregators to fiddle with as they're not 'fetching'.