OK guys, who`s getting angry?

chewmylegoff

Pobby wrote: »

I don`t think this thread should be about lashing out at others. In my Op I mentioned that imho everyone will be affected one way or another. Are not most people carping their selves right now? This was the purpose of the thread to a degree.

We live in a country where, due in part to house prices, the gearing is incredibly high. Goodness me, I wouldn`t want to pay the rents that they are asking where I live. I live in a county that has poor wages but massive property prices. I have posted before that my own place went from trough to peak 400% in an area that £20k per annum is a good wage.

I think our county will be interesting as there are many second homes here, many of which, I suspect have been bought by mewing.

I can tell you this. The last recession was very bad for people. I cannot even think that if we go into another recession what it will be like. One thing is for certain, there is a ton of debt compared to the last time.

Good luck to everyone.

i'm not particularly worried. my job is just about the most recession proof thing you could imagine, i don't have any dependents, i sold my house last august, i don't own any equities, i don't have any debt, all my money is in cash.

i really don't see the current economic conditions having any tangible effect on my life. the worst that could probably happen is that i might have to save less a month, or stop buying food in waitrose.

neverdespairgirl

dopester wrote: »

OMG. Heavy duty. I truly wish you both good luck, with a fast and fair outcome with the clear-up of all this.

I'm sure we will get it back - in the end. I'm just concerned about how long it might take!

GracieP

chewmylegoff wrote: »

my job is just about the most recession proof thing you could imagine,

Are you a bailiff or a pawn broker?

PasturesNew

neverdespairgirl wrote: »

I'm sure we will get it back - in the end. I'm just concerned about how long it might take!

I've heard "3 months" bandied about in a solid fashion.
However, that does mean too late for Xmas over-spending, so that might not be a bad thing for many.

neverdespairgirl

We weren't planning to overspend at Christmas.

OH loathes Christmas. He gets more and more Scrooge-like as December progresses, and can be wound up beyond belief if held captive in a shop queue and forced to listen to Christmas songs.

carolt

chewmylegoff wrote: »

i'm not particularly worried. my job is just about the most recession proof thing you could imagine, i don't have any dependents, i sold my house last august, i don't own any equities, i don't have any debt, all my money is in cash.

i really don't see the current economic conditions having any tangible effect on my life. the worst that could probably happen is that i might have to save less a month, or stop buying food in waitrose.

It's good to hear from someone who is quite happy and feeling secure - nice to know there are some of you out there.

I don't feel angry - too busy feeling scared. Really worried about how this will affect my country, the world...

On the bright side, what goes around, comes around, and given the extreme excesses of the last decade, if we're (very) lucky, maybe this will just destroy enough of existing corruptions in our society, and provide the motivations for society to return to a better place.

I hope so, anyway.

Good luck to all of you on here, whatever I may have said to you in the past - really hope it works out well for all of us......

elona

neverdespairgirl

At least your OH only hates Christmas- mine sulks the minute we get into Autumn, saying "It's nearly winter!" He dislikes Halloween, November the fifth just about everything till we get to New years eve, then he cheers up saying "It will soon be Spring!"

By the time we get to January after me having tried to whip up enthusiasm all winter, I am in a slump and am convinced Spring will never arrive!

Funny thing that after muttering over everything connected to the season and complaining over present buying etc, he will then thank me for making Christmas nice for our four daughters.

Does anyone know if ING s all right as I have some money in there- I did listen to Martin and moved most of it a few weeks ago.

Dithering_Dad

!!!!!!? wrote: »

Damn, I feel so guilty now for bringing all this down on the Global Financial System's head by figuring out we were headed for disaster and warning MSEers about it .......

I wonder why Dithering Dad figures he has to hit out at imaginary targets? He was posting only yesterday about how well placed his personal situation is, it couldn't be that he's crapping himself about losing a well paid contract with a large mortgage debt still outstanding (despite his sterling efforts to reduce it, as he never forgets to mention :rolleyes:) could it?

Yet another 'pot calling the kettle black' post from !!!!!!, the King of Hypocracy. I'll remind you when you're going on about how you 'saw it all coming' and how the evil BTLers and dopey FTBers didn't listen to you. You prat. :rotfl:

Lol, it's hilarious to see the big bear complaining about someone else doing an 'I told you so' post. Sorry to have taken all your thunder !!!!!! - I know this is your patch.

Don't worry about me though, I'm better placed than many to ride out the recession, certainly better than yourself. If I have a prolongued gap between contracts, the money in my company will keep me going for over 12 months. If you lose your job, your house deposit savings will keep you going for 12 months (as you have stated previously).

At the end of the recession, I'll still have my 4 bed detached house and all my personal savings, my company will be drained of cash but this is tax deductable anyway - I'll just pay less corporation tax. I'll still have my loving family around me and though it will have been a stressful period, we will have helped each other get through it. At the end of the recession you'll have no house deposit and will have to remain in your Mum & Dad's back bedroom for a few years longer while you save up again - watching those house prices rise out of your reach once more. You'll also still be living alone, no girlfriend (or boyfriend if that's the way you swing) to support you.

Though I guess this doesn't matter to you because it's safe at Mum & Dad's and you get to play 'the big man' on this forum all day and night while your Mum brings your tea up for you on a tray. Ah, those home comforts, no wonder you don't want to ever leave!

You do need to get a life though !!!!!!, please. Just go onto Match.com and see what you can pick up. Life has to be better than what you're living. It's miserable being as alone as you are.

WTF?_2

PasturesNew wrote: »

I've heard "3 months" bandied about in a solid fashion.
However, that does mean too late for Xmas over-spending, so that might not be a bad thing for many.

I do wonder what this Xmas will bring .... will we have a 'last blowout before the end of the world' or will this be the first 'recession Christmas'?

My guess is on the latter. Anyone getting heavily into debt at this stage as is typical behaviour during the festive shopping frenzy, would have to have a screw loose.

I think we're going to have to adjust to a world with much less credit available. Oh well, those of us who saved will be in a relatively better position anyway. Over-borrowers will have to struggle with servicing their debts on top of living within their means and praying they don't lose their income stream at which point it will become very nasty, very quickly.

WTF?_2

Dithering_Dad wrote: »

Yet another 'pot calling the kettle black' post from !!!!!!, the King of Hypocracy. I'll remind you when you're going on about how you 'saw it all coming' and how the evil BTLers and dopey FTBers didn't listen to you. You prat. :rotfl:

Lol, it's hilarious to see the big bear complaining about someone else doing an 'I told you so' post. Sorry to have taken all your thunder !!!!!! - I know this is your patch.

Don't worry about me though, I'm better placed than many to ride out the recession, certainly better than yourself. If I have a prolongued gap between contracts, the money in my company will keep me going for over 12 months. If you lose your job, your house deposit savings will keep you going for 12 months (as you have stated previously).

At the end of the recession, I'll still have my 4 bed detached house and all my personal savings, my company will be drained of cash but this is tax deductable anyway - I'll just pay less corporation tax. I'll still have my loving family around me and though it will have been a stressful period, we will have helped each other get through it. At the end of the recession you'll have no house deposit and will have to remain in your Mum & Dad's back bedroom for a few years longer while you save up again - watching those house prices rise out of your reach once more. You'll also still be living alone, no girlfriend (or boyfriend if that's the way you swing) to support you.

Though I guess this doesn't matter to you because it's safe at Mum & Dad's and you get to play 'the big man' on this forum all day and night while your Mum brings your tea up for you on a tray. Ah, those home comforts, no wonder you don't want to ever leave!

You do need to get a life though !!!!!!, please. Just go onto Match.com and see what you can pick up. Life has to be better than what you're living. It's miserable being as alone as you are.

Yep - you sound like a well sorted, well adjusted person with your life in order all right. :rolleyes2

Certainly not the sort of person who needs to jump on the internet and hurl venemous personal abuse at an anonymous stranger about who you know absolutely sweet FA. No sirree

You really need to get this 'king of the forum' competition that seems to be your at the root of your obsession with slagging me off, out of your head.

Do you feel that you should be liked and respected by everyone and that anyone who is vocal (and I am pretty opinionated and make loads of posts) is somehow a threat to your rightful place on the throne? How very sad, I'd hate to be going through life with the level of neediness which you display where you are reduced to hurling this sort of spiteful claptrap on an internet forum against your perceived 'rival'.


This post speaks volumes about you. Calm down, go back and read it again.