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Was The End of Last Year the bottom of the Market?

13

Comments

  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    mewbie wrote: »
    I remember huddling behind a wall in Ypres with my mate Tommy at the end of 1940 and asking him "do you think it will be over by Xmas?" He was a wise old cove. "Not a chance Mewbie" he said.


    Wrong war, Mewbie. 'Over by Christmas' was WW1, which would make you about 113. Still, you wouldn't be the first one on here whose figures don't stack-up.

    Of course you might have been alluding obliquely to our own dear Chancellor's predictions about the economy, which do indeed seem more likely than the prospect of someone who was at Ypres in 1914 recounting the tale on MSE.......but only just.;)

    http://www.guardian.co.uk/business/2009/may/20/recession-alistair-darling
  • Harry_Powell
    Harry_Powell Posts: 2,089 Forumite
    ad9898 wrote: »
    I've said it a million times, unemployment rising, GDP shrinking, public sector to be hammered after election, tax rises, interest rate rises in the medium term, if all these issues were opposite, the bottom would be here and now, they aren't and it isn't.

    I've told you a million times, stop exagerating!
    "I can hear you whisperin', children, so I know you're down there. I can feel myself gettin' awful mad. I'm out of patience, children. I'm coming to find you now." - Harry Powell, Night of the Hunter, 1955.
  • Lotus-eater
    Lotus-eater Posts: 10,789 Forumite
    10,000 Posts Combo Breaker
    edited 10 June 2009 at 11:15PM
    Davesnave wrote: »
    Wrong war, Mewbie. 'Over by Christmas' was WW1, which would make you about 113. Still, you wouldn't be the first one on here whose figures don't stack-up.

    Of course you might have been alluding obliquely to our own dear Chancellor's predictions about the economy, which do indeed seem more likely than the prospect of someone who was at Ypres in 1914 recounting the tale on MSE.......but only just.;)

    http://www.guardian.co.uk/business/2009/may/20/recession-alistair-darling
    Ypes was WWI as well :D Although not many were hiding behind walls in the mud of the trenches.

    Darling was on the tv the other day on that crash thing, he said he thought the current recession was the worst in a hundred years or something, so if that's true, how on earth can it be over by the end of the year?
    Freedom is not worth having if it does not include the freedom to make mistakes.
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    Davesnave wrote: »
    Wrong war, Mewbie. 'Over by Christmas' was WW1, which would make you about 113. Still, you wouldn't be the first one on here whose figures don't stack-up.
    Tommy told me while we were out there. "Those young uns will never thank you Mewbie", he said. That was just before the big push into Allemagne. Afterwards I took Tommy's cufflinks back to his wife. He was still at the front, but it was a chance to see if she'd be up for it. She wasn't.

    After the war we got back together, attacking tramps in the local park but it wasn't the same. Drifted apart, started drinking, the rest writes itself. Lost all hope, became a hopeless shabby wreck of a man, twisted and bitter inside, a big time loser shunned by all. Didn't even get a telegram from her Maj on me 100th.

    That's when I decided to become a BTL landlord.
  • Harry_Powell
    Harry_Powell Posts: 2,089 Forumite
    mewbie wrote: »
    Tommy told me while we were out there. "Those young uns will never thank you Mewbie", he said. That was just before the big push into Allemagne. Afterwards I took Tommy's cufflinks back to his wife. He was still at the front, but it was a chance to see if she'd be up for it. She wasn't.

    After the war we got back together, attacking tramps in the local park but it wasn't the same. Drifted apart, started drinking, the rest writes itself. Lost all hope, became a hopeless shabby wreck of a man, twisted and bitter inside, a big time loser shunned by all. Didn't even get a telegram from her Maj on me 100th.

    That's when I decided to become a BTL landlord.

    You really must have hit rock bottom mewbie! :rotfl:
    "I can hear you whisperin', children, so I know you're down there. I can feel myself gettin' awful mad. I'm out of patience, children. I'm coming to find you now." - Harry Powell, Night of the Hunter, 1955.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Treadmill wrote: »
    I bought in September 2008, and am buying again, I've just reserved another new build house, Persimmon have taken my house in Part Ex for 7K more than I paid for it 9 months ago.

    Read into that what you will

    Persimmon are making a profit .......... so are you sure you're not overpaying ?
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Ypes was WWI as well :D Although not many were hiding behind walls in the mud of the trenches.

    Darling was on the tv the other day on that crash thing, he said he thought the currant recession was the worst in a hundred years or something, so if that's true, how on earth can it be over by the end of the year?

    Less of the end of the year, end of the month, please icon7.gif
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • pickles110564
    pickles110564 Posts: 2,374 Forumite
    Thrugelmir wrote: »
    Persimmon are making a profit .......... so are you sure you're not overpaying ?

    With rampant HPI on the way, it is an excellant purchase.;)
  • pickles110564
    pickles110564 Posts: 2,374 Forumite
    mewbie wrote: »
    Tommy told me while we were out there. "Those young uns will never thank you Mewbie", he said. That was just before the big push into Allemagne. Afterwards I took Tommy's cufflinks back to his wife. He was still at the front, but it was a chance to see if she'd be up for it. She wasn't.

    After the war we got back together, attacking tramps in the local park but it wasn't the same. Drifted apart, started drinking, the rest writes itself. Lost all hope, became a hopeless shabby wreck of a man, twisted and bitter inside, a big time loser shunned by all. Didn't even get a telegram from her Maj on me 100th.

    That's when I decided to become a BTL landlord.

    Trying to change the subject again, not much longer and the beads of cold sweat will be appearing on your forehead.
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    Trying to change the subject again, not much longer and the beads of cold sweat will be appearing on your forehead.
    I did my sweating in a Japanese POW camp with my old mate Tommy. Every night the Commandant would select one of us to be lashed to the gymnasiums wooden horse while he took his filthy pleasure. It was where I earned the respect of the other men. I was the only one who used to volunteer for it.

    Now I'm on the scrapheap of life. Bit like your Beemer.

    Oh - you wanted on topic? But I did that four posts ago. Will it be over by Xmas? Technically the recession will be. But house prices will still be falling like Adolf's doodlebugs, and unemployment rising like the Japanese sun over the Toyota forced labour bridge and train construction centre.
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