I'm glad we're in a recession

MiserlyMartin

Its not nice to see all these people fall on bad times but lets face it the good times could not roll on forever. Too many people had become carried away spending on credit like there was no tomorrow. Well tomorrow has come. House prices were insane and still are. All those people buying rubbish they didn't really need and BTL speculators making money from doing sod all... so if this puts a stop to all of that, then a recession has some good things to come out of it.

All booms are followed by busts, a basic law of economics that Gordon Brown is too stupid or arrogant to understand.

PasturesNew

domcastro wrote: »

They are - they can come and move in with me for free. More the merrier.

Where are you then? We can hire a bus.
Put the kettle on.

Swipe

lolababy wrote: »

. The hundreds of people in negative equity

Negative equity is self inflicted but I have genuine sympathy for those losing their jobs.

handful

Swipe wrote: »

Negative equity is self inflicted but I have genuine sympathy for those losing their jobs.

I think that's a bit harsh. I have avoided being in that situation over 23 years of house ownership but only by the grace of god and more by luck than judgement. Hindsight is a wonderful thing and makes many decisions appear incredibly foolish, including buying a house in a boom.

agent_orange_2

Dooooooooooooooonut wrote: »

Agreed. I enjoy all the doom mongering and do my best to contribute to it.

But for God's sake refer to it as a depression whenever you're talking about it. If enough people do this we'll all be calling it that

I guess you are not too personally affected, hopefully your day will come

domcastro

Dooooooooooooooonut wrote: »

Your heart must be black. BLACK. Wishing harm on others.

I'm enjoying it for the humour!

Yes and to the poster above - Heartless is a better adjective than Fool

JayScottGreenspan

domcastro wrote: »

It's quite funny really. Life would be so boring without ups and downs.

Big Issue anyone? - got 2 dogs to feed

Bring it on!!!! _party_

What about people who will lose their jobs and families who will lose their homes?

Would you enjoy it if that happened to you?

WTF?_2

Really2 wrote: »

Funny !!!!!! was asking if I could prove people wanting a recsssion ETC and I said I had seen posts but could not be assed to find them.

Thanks.:T

What you actually claimed was that there were people wanting total economic collapse and when asked to justifty it, you couldn't. (No surprises there).

http://forums.moneysavingexpert.com/showpost.html?p=18684777&postcount=47

It is true some on the board want a mad max senario. I don't see how you have not managed to see the posts.

Not quite the same thing, is it?

abaxas

JayScottGreenspan wrote: »

What about people who will lose their jobs and families who will lose their homes?

Would you enjoy it if that happened to you?

They should up sticks and move to rented. Everything in life is a choice, they took the gamble, it didnt pay off. Most people live beyond their means, why should we help those who cant be bothered to help themselves.

Really2

!!!!!!? wrote: »

What you actually claimed was that there were people wanting total economic collapse and when asked to justifty it, you couldn't. (No surprises there).

http://forums.moneysavingexpert.com/showpost.html?p=18684777&postcount=47

Not quite the same thing, is it?

I disagree anyone wanting a recession is actualy rejoycing in the pain of others and are more than likely wanting a NWO outcome.

You know that some posters on here want a mad max situation/ NWO situation but you dont want to admit it. (we have all seen the posts and that is why I find your point yesterday odd)

Again thanks to the OP;)