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Old 07-03-09, 04:25 PM   #1
gettin2dizzy
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Default What the hell is going on?

'Quantative easiing' , 0.5% interest rates, bailout after bailout...

Yes this makes life easier for the banks... but what about the other 59.5 million in the country?

It just seems reckless and shortsighted. It's probably worth shifting any savings abroad. To think we can maintain what's left of the pounds value whilst pumping in £150 billion is just daft.

If I ran the country, i'd let the banks fall.
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Old 07-03-09, 04:39 PM   #2
yorkie_chris
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Default Re: What the hell is going on?

Just print more money it will all be fine
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Old 07-03-09, 05:04 PM   #3
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Default Re: What the hell is going on?

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Originally Posted by yorkie_chris View Post
Just print more money it will all be fine
Don't worry, there's 30 billion extra fivers coming off the press at this moment!
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Old 07-03-09, 05:22 PM   #4
Miss Alpinestarhero
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Default Re: What the hell is going on?

meh, Im bored of this credit crunch business..I bet it wouldn't be this bad if the media didn't hype it all up
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Old 07-03-09, 05:38 PM   #5
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Default Re: What the hell is going on?

I have decided that as I can't do anything about it that I'm not going to worry any more. I used to have a Polish bloke as a client, he was a complete wino but on cheap 'wodka'. He used to arrive at the office and say 'have dreeeenk' which meant that before we got any business done we had to go and have a few.

Excellent perspective on life
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Old 07-03-09, 05:40 PM   #6
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Default Re: What the hell is going on?

Last year I bought £1000 worth of Swiss francs.

Figured that the swiss franc is a safe bet - there's a lot of gold in Switzerland. At Christmas my francs were worth £1100. Now only £1029. Argh!
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Old 07-03-09, 07:08 PM   #7
Ed
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Default Re: What the hell is going on?

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Last year I bought £1000 worth of Swiss francs.

Figured that the swiss franc is a safe bet - there's a lot of gold in Switzerland. At Christmas my francs were worth £1100. Now only £1029. Argh!
Stop complaining. You've still made a profit
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Old 07-03-09, 07:30 PM   #8
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Default Re: What the hell is going on?

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I have decided that as I can't do anything about it that I'm not going to worry any more.
That goes so well with the avatar pic.
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Old 07-03-09, 09:21 PM   #9
yorkie_chris
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Default Re: What the hell is going on?

Quote:
Originally Posted by Ed View Post
I have decided that as I can't do anything about it that I'm not going to worry any more. I used to have a Polish bloke as a client, he was a complete wino but on cheap 'wodka'. He used to arrive at the office and say 'have dreeeenk' which meant that before we got any business done we had to go and have a few.

Excellent perspective on life
Didn't know the cousins had been visiting...

One great uncle can sink enough in a session to lay low a squad of marines. He's 86! Not a bad philosophy indeed.
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Old 07-03-09, 09:48 PM   #10
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Default Re: What the hell is going on?

I used to think the Scots and Irish could drink until I discovered Poles.I believe they are born with two livers so there is a spare when the original expires.
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