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Britain facing another financial crisis !

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Comments

  • geoffky
    geoffky Posts: 6,835 Forumite
    bad news is everywhere....looks like a bit of reality is being fed to the public...
    It is nice to see the value of your house going up'' Why ?
    Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
    If you are planning to upsize the new house will cost more.
    If you are planning to downsize your new house will cost more than it should
    If you are trying to buy your first house its almost impossible.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    geoffky wrote: »
    bad news is everywhere....looks like a bit of reality is being fed to the public...

    you really are being a drama queen aren't you Geoffrey

    UK markets are pretty flat - no sign of any panic
    http://uk.finance.yahoo.com/

    European markets are doing pretty much the same
    http://uk.finance.yahoo.com/m6
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    StevieJ wrote: »
    Must be all those ALT-A reset thingys that RAF guy (or army icon7.gif) is always going on about.

    haven't they hit home yet and that financial armageddon arrived yet? :confused:
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    geoffky wrote: »
    bad news is everywhere....looks like a bit of reality is being fed to the public...

    Are you in the know Geoff? not like the public 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
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chucky wrote: »
    haven't they hit home yet and that financial armageddon arrived yet? :confused:

    I find it weird that they think that the banks will wish to reset to a level that will cause mass defaults :confused:
    '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
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    chucky wrote: »
    you really are being a drama queen aren't you Geoffrey

    UK markets are pretty flat - no sign of any panic
    http://uk.finance.yahoo.com/

    European markets are doing pretty much the same
    http://uk.finance.yahoo.com/m6

    Whats the connect between UK public finances and consumer debt, and European bourses?

    Other than Europe is a better place to invest. ;)
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    chucky wrote: »
    you really are being a drama queen aren't you Geoffrey

    UK markets are pretty flat - no sign of any panic
    http://uk.finance.yahoo.com/

    European markets are doing pretty much the same
    http://uk.finance.yahoo.com/m6
    Is your whole economic 'expertise' based on what the markets say?

    Oh dear.
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