FT: Merrill Lynch analyst calls "Depression."

StevieJ

!!!!!!? wrote: »

from the FT Alphaville blog:

http://ftalphaville.ft.com/

So it's mainstream at last. The full article is worth a read, some scary figures.

Should get the houseprices down a bit

StevieJ

Asheron wrote: »

I do admire how alot of us brits stay positive in bad times.

But I notice any bad news posts get a bad response, we can't pretend it's all good.

I thought you were a septic?

Andrew64

Begs the question - what IS a depression? A recession is officially 2 sucessive quarters of negative growth, but a depression has never been defined. There is, of course, the old saying that a recession is when your neighbour loses his job and a depression is when you lose yours!

whathavewedone

I always thought that the word recession was invented to make things sound better than a depression. Wasn't the word depression invented because it sounded better than the word "slump"? Now of course we have the "credit crunch" which sounds rather friendly, like a cereal bar or something.

Really2

Dooooooooooooooonut wrote: »

I'm with !!!!!!

Ahh thats nice. How did you meet.

purch

I'm with !!!!!!

I hope it's warm in the 'bunker' !!! :beer:

P.S. I do feel for you.....................God it must be sooooooooo depressing in there !!!!

Really2

Asheron wrote: »

But I notice any bad news posts get a bad response, we can't pretend it's all good.

You right I should join in and pretend it is all bad instead.

wintersunshine

Dooooooooooooooonut wrote: »

I'm with !!!!!!

You have ne need to be. !!!!!!? just mouths the views of Peter Schiff

http://en.wikipedia.org/wiki/Peter_Schiff

You would be better to read a wide range of views and form your own opinions. Apart from anything Schiff is frequently wrong.....

WTF?_2

mystic_trev wrote: »

I've just looked up your profile and noticed you have erased all your comments on threads that you started - why? Are you embarrassed about the loss you've made on the Appartment you bought from Polaris World in 2005 :rotfl:

http://forums.moneysavingexpert.com/showthread.html?t=26544

Perhaps you'd like to enlighten us all :rolleyes:

http://uk.youtube.com/watch?v=e_hwAynUYIo

Chucky erases most of what he posts, he's been caught out many times.

The Polaris World thing is a good case in point. The first time I took him up on it he claimed that he'd managed to get his deposit back ... and of course made a profit on the exchange rate

When I mentioned it again a week or two ago, this time he claimed to have flipped it ... making a profit of course.

Go figure, as the yanks say


Note to Chucky: Maybe erasing all your old posts isn't a good idea if you can't keep your lying fantasies straight.

chucky

!!!!!! - how about getting back on topic and discussing the point in question that you some what missed instead of trying to make this personal and throwing false accusations around.