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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
The Financial Apocalypse and the tin foil hatters
geneer
Posts: 4,220 Forumite
We do live in interesting times.
As far as I can see this is the other shoe dropping. Long past due.
Naturally, on the boards, its a bit 2008 all over again.
THEN:
Global meltdown, market collapses, failed financial systems.
And of course you had a handful of great intellects desperately trying to shrug of the event they utterly failed to see coming.
"I still got my pint of milk at the shops this morning...some financial apocalypse" etc.
And as they got their milk, banks collapse, house prices nosedived and then governments bailed out pretty much everyone.
Free money right?
Maybe, if you don't count your plummeting pension funds (particularly hard on the boomers) or the hamstringing of the NHS (will be particularly hard on the boomers) or the brick by brick deconstruction of care systems (not going to be so great for the boomers).The systematic deconstruction of the public sector.
All the rest of the austerity measures. Guaranteed increases in the world wide levels of human misery.
"Yay" say the time foil hatters. "Glad to see my tax £s going to better use". Erm....bank bailouts you mean. Right you are.
NOW: So the other shoe drops. Anyone in the know considers this very serious indeed. And what do you know......
The tin foil hat denialists surface. Seems to me that further traumatic economic fall out is now a certainty.
Discuss.
As far as I can see this is the other shoe dropping. Long past due.
Naturally, on the boards, its a bit 2008 all over again.
THEN:
Global meltdown, market collapses, failed financial systems.
And of course you had a handful of great intellects desperately trying to shrug of the event they utterly failed to see coming.
"I still got my pint of milk at the shops this morning...some financial apocalypse" etc.
And as they got their milk, banks collapse, house prices nosedived and then governments bailed out pretty much everyone.
Free money right?
Maybe, if you don't count your plummeting pension funds (particularly hard on the boomers) or the hamstringing of the NHS (will be particularly hard on the boomers) or the brick by brick deconstruction of care systems (not going to be so great for the boomers).The systematic deconstruction of the public sector.
All the rest of the austerity measures. Guaranteed increases in the world wide levels of human misery.
"Yay" say the time foil hatters. "Glad to see my tax £s going to better use". Erm....bank bailouts you mean. Right you are.
NOW: So the other shoe drops. Anyone in the know considers this very serious indeed. And what do you know......
Another "armageddon" passes me by.
HAMISH_MCTAVISH wrote: »You and 99% of the population.
The tin foil hat denialists surface. Seems to me that further traumatic economic fall out is now a certainty.
Discuss.
0
Comments
-
*puts on tinfoil hat*0
-
*puts on tinfoil hat*0
-
The tin foil hat denialists surface. Seems to me that further traumatic economic fall out is now a certainty.
Discuss.
Never mind you may get to eat all those beans yet :eek:'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 Thatcher0 -
Here Geneer, check it outOriginally Posted by HAMISH_MCTAVISH
You and 99% of the population.
http://forums.moneysavingexpert.com/search.php?searchid=108794485'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 Thatcher0 -
You can't get to me, I have my tinfoil hat on
0 -
Between 1972 and 1974 the UK stockmarket lost 90% of its value - and then it re-bounded quite quickly.
I don't really recall that the world ended - some of us older hands do remember those days of 25% inflation (it only peaked at this level for a month or so)
These days a 5% drop in market valuation seems to be the advent of the opening of the Gates of Hell0 -
Never mind you may get to eat all those beans yet :eek:
Ah. See what you've done there is deliberately confuse the use of the admitedy hyperbolic term "financial apocalypse" with an actual apocalypse. A rather obvious and ham fisted reductio ad absurdum.
Thus attempting to undermine the suggestion that current events, and indeed the events up to and since 2007 are in fact very bad indeed.
I'm not saying this is an unoriginal, predictable or even cliched response.
But heres a couple of images from early 2008 which clarifes that this type of conversation was one of the themes of the day.
0 -
Ah. See what you've done there is deliberately confuse the use of the admitedy hyperbolic term "financial apocalypse" with an actual apocalypse. A rather obvious and ham fisted reductio ad absurdum.
Thus attempting to undermine the suggestion that current events, and indeed the events up to and since 2007 are in fact very bad indeed.
I'm not saying this is an unoriginal, predictable or even cliched response.
But heres a couple of images from early 2008 which clarifes that this type of conversation was one of the themes of the day.
You remind me of someone, I remember
'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 Thatcher0 -
Quite right - business as usual for me today.
Took the dog for a walk, went for a 2.5 mile swim, some DIY to do in the bathroom (it can be a nuisance being a homeowner), going to friends later for a BBQ and to discuss the Caribbean holiday we're going on next weekend with them. Just having a coffee now before the DIY
What did I say guys. How utterly grindingly predictable.
Nail on head if you ask me.And of course you had a handful of great intellects desperately trying to shrug of the event they utterly failed to see coming.
"I still got my pint of milk at the shops this morning...some financial apocalypse" etc.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.3K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.9K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards