Crash Crash Crash !!!!!!!!!!!!!!!!!!!!!!!!!!!

sabretoothtigger

Its not incorrect to consider the worst just dont believe everything you hear or accept opinion as fact, nobody knows the facts thats the problem.

Browns deal will help but the only people who can reverse this trend are the free markets who created the problem, imo. The trend is down so the odds are that will continue unfortunately.

Further comparison to 1932, the big bear

Annpan

blisk wrote: »

Looks like people are going to have trouble getting their money back from Iceland Icesave acounts.

Chancellor Darling has said Iceland has not honoured its obligations, so doesn't sound like Iceland is playing ball.

Super hero Darling Alistair has said on GMTV (I saw him and heard him) that the government will stump up the compensation that Iceland has gone back on. Compensation schemes are obviously not cast-iron when the country is bankrupt.

blisk

Annpan wrote: »

Super hero Darling Alistair has said on GMTV (I saw him and heard him) that the government will stump up the compensation that Iceland has gone back on. Compensation schemes are obviously not cast-iron when the country is bankrupt.

Does anyone really believe what politicians say ? :rotfl:

They'll say one thing, do another.

Whatever they say today, will be forgotten in few weeks or the'll say they it meant something else.

They CANNOT be trusted, FULL STOP !

blisk

Too little too late.

Central banks cut interest rates

Gordon Brown & his city cronies is responsible for this mess, now he's blowing public money to try solve problem.

Don't think its going to work.

blisk

Councils may lose money they invested in Icesave.

What a shambles.

sabretoothtigger

The bear market

blisk

The proiperty & credit booms are going to take years to sort out.

Lets see what happens over next week, probably be calm before storm as economy sinks deeper into recession.

blisk

US treasury secretary has warned some banks will still fail despite the $700bn government rescue package to shore up the financial system.

US warns of further bank failures


This crash is like a runaway train, no stopping it.

blisk

House prices are still going down.

Further decline in house prices

Stock markets have stabilised, for now, calm before next storm.

People don't be taken in, it's only going to get worse.

markelock

everything will be in black and white, and we'll all appear to be moving faster than we actually are?

on the plus side, I'll be investing heavily in arms companies, and possibly the motor car.