We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
On BBC2 this evening (14/1/2009)
WTF?_2
Posts: 4,592 Forumite
http://www.bbc.co.uk/programmes/b00gtljy
Looks interesting.
'Banks and how to Break Them'
In the first of three documentaries lifting the lid on the crisis in global finance, the BBC's former economics editor and Today presenter, Evan Davis, applies his customary insight and wit to reveal the role the banks played in the biggest financial chaos in living memory.
To find out what went so badly wrong, Evan returns to first principles, and explains exactly how a bank is supposed to work and what happened when banks abandoned their traditional role.
Evan traces the rise and fall of two banks whose collapse symbolises the wider catastrophe - Northern Rock and Lehman Brothers. Just why did the UK experience its first run on a high street bank since the mid 19th century? And what prompted a giant of Wall Street to collapse in the biggest bankruptcy in history?
Looks interesting.
--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.
0
Comments
-
!!!!!! is that you in your avatar?:beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
Theres no dollar sign on piece of mind
This Ive come to know...
So if you agree have a drink with me, raise your glasses for a toast :beer:0 -
-
--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
hahaha
I wondered whether you were some guy I used to go out with looked very similar
:beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
Theres no dollar sign on piece of mind
This Ive come to know...
So if you agree have a drink with me, raise your glasses for a toast :beer:0 -
Seems he writes a blog on myspace, well worth subscribing as his point of view is fairly unique and time proven correct on the fundamentals of bad debts
One of his blogs is headed the end of the world, obviously avoid if you prefer the sound of more hopeful opinions
http://blogs.myspace.com/index.cfm?fuseaction=blog.view&friendID=350791113&blogID=4587721970 -
:rotfl:
Yeah, sure, and that's you in yours eh lynz?
nah I have more money than I can count in my hands now
:beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
Theres no dollar sign on piece of mind
This Ive come to know...
So if you agree have a drink with me, raise your glasses for a toast :beer:0 -
Is he your pin-up idol?0 -
I have not watched the programme yet - I've recorded it as I was driving back from a job at the time.
This gave me a chance to listen to a programme about Joseph Schumpeter.
His ambition was to be the greatest lover in Vienna, the greatest horseman in Austria and the world's greatest economist. He had to concede later that he was not the best horseman in Austria.
Seems he was definitely one of those guys with a ring finger longer than his pointing finger;)
http://en.wikipedia.org/wiki/Schumpeter
The programme, presented by hedge fund manager Hugh Hendry, is available on "listen again".
http://www.bbc.co.uk/radio4/atoz/0 -
PasturesNew wrote: »Is he your pin-up idol?
I'm a great fan of his podcasts - when he gets going into full rant mode he's brilliant. Also, he does them live and the technical side of things always seems to go awry which can be unintentionally entertaining.
I have however changed my avatar in honour of Patrick McGoohan RIP.--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
I liked the program btw. To the point and interesting. Although I knew most of the stuff on it, it put everything into the right order and made me realise even more, that no way on earth is there going to be any more lending for a while.Freedom is not worth having if it does not include the freedom to make mistakes.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.7K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards