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Money Money Money Money............................ Money

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Comments

  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    homelessskilledworker wrote: »
    I am not out to prove how bright I am,

    So no comments on the shrinking money supply then?
    I am just after a cheap house

    That's lovely.

    But completely off topic for the thread.;)
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”
    -- President John F. Kennedy”
  • homelessskilledworker
    homelessskilledworker Posts: 1,664 Forumite
    :)
    HAMISH_MCTAVISH wrote: »
    So no comments on the shrinking money supply then?



    That's lovely.

    But completely off topic for the thread.;)


    Only that it goes hand in hand with a credit crunch:)

    And another tick in the box for a property crash
  • michaels
    michaels Posts: 29,283 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    A bit off topic but it could be argued that the the level of lending that did require money market funds rather than deposits was a mistake and thus perhaps the lending model was at fault.
    HAMISH_MCTAVISH wrote: »
    Wrong again.

    The lending standards in use by UK banks had nothing to do with why they failed. That happened because the global wholesale markets froze, and it made not the slightest difference whether you were Northern Rock or Lloyds or Santander, you simply could not access funds to cover your liabilities.
    I think....
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    PaulF81 wrote: »
    Sorry, correction, BASE rate wont rise! :rotfl:

    Little need for BOE to take action at the current time. As the market is in the process of setting rates. Only going one way and that's upwards. As the great unwind as I call the it, continues.
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    homelessskilledworker wrote: »
    Yep, you are far too bright for me:T

    I am not out to prove how bright I am, I am just after a cheap house x :)

    Plenty of cheap houses about.
    Official MR B fan club,dont go............................
  • homelessskilledworker
    homelessskilledworker Posts: 1,664 Forumite
    ess0two wrote: »
    Plenty of cheap houses about.


    No!!

    Not today anyway:)
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    homelessskilledworker wrote: »
    No!!

    Not today anyway:)

    Theres Jimmy on here,apartments that were 100k can be had for 40k in his town.

    Its a myth property is expensive,perhaps you need to move to a cheaper area,or get a better paid job.
    Official MR B fan club,dont go............................
  • homelessskilledworker
    homelessskilledworker Posts: 1,664 Forumite
    ess0two wrote: »
    Theres Jimmy on here,apartments that were 100k can be had for 40k in his town.

    Its a myth property is expensive,perhaps you need to move to a cheaper area,or get a better paid job.



    Why??

    And how could you know my circumstances.

    Take a look at my other post today... Patience is a virtue
    https://forums.moneysavingexpert.com/discussion/3932857


    I have all the time in the world right now.

    Nice deposit, work is ok(not as good as pre 2007 though) and I am off to stay with family in Virginia for most of the summer.

    I am not going to grab anything, I will wait until the guys that borrowed way too much in the bubble start falling and get myself a bargin:)

    I am too good to live in a dump xx:)
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    homelessskilledworker wrote: »
    Why??

    And how could you know my circumstances.

    Take a look at my other post today... Patience is a virtue
    https://forums.moneysavingexpert.com/discussion/3932857


    I have all the time in the world right now.

    Nice deposit, work is ok(not as good as pre 2007 though) and I am off to stay with family in Virginia for most of the summer.

    I am not going to grab anything, I will wait until the guys that borrowed way too much in the bubble start falling and get myself a bargin:)

    I am too good to live in a dump xx:)


    You and Brit will still be trotting out the same line in 10yrs.
    Official MR B fan club,dont go............................
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ess0two wrote: »
    You and Brit will still be trotting out the same line in 10yrs.

    Personally I doubt it.
This discussion has been closed.
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