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Idle Banter For non SV and non bike related chat (and the odd bit of humour - but if any post isn't suitable it'll get deleted real quick). There's also a "U" rating so please respect this. Newbies can also say "hello" here too. |
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12-12-07, 11:55 AM
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#1 |
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US Recession
Morgan Stanley have today issued an alert that the US recession is here. It looks like the US is going down down down!
I find it amusing that the greed of the big boys in these businesses has brought themselves to their knees. No one can afford to buy anything and pay bills, so demand halts, profits drop, banks take huge losses and their businesses go tits up. Greed is such a disgusting thing. Sadly its damage will be echoed through Europe too. |
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12-12-07, 11:59 AM
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#2 |
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Re: US Recession
And us modest brits have a fair bit of dosh over those yanks. Who wants to go buy some property?
I got 20 quid in my wallet, thats $40 Matt |
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12-12-07, 12:00 PM
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#3 |
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Re: US Recession
is ther anything that you don't know about? Does your brain get regular news updates or do you just read the news pages a lot!
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12-12-07, 12:03 PM
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#4 |
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Member
Mega Poster
Join Date: Apr 2007
Posts: 3,770
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Re: US Recession
Oh dear the city boys will have to sell a couple of their ferrari's to make it through the winter
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12-12-07, 12:04 PM
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Re: US Recession
Quote:
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12-12-07, 12:09 PM
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#6 |
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Member
Mega Poster
Join Date: Jul 2003
Location: In the shadows to the left
Posts: 7,700
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Re: US Recession
I didnt work for you G2D
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12-12-07, 12:10 PM
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#7 |
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Guest
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Re: US Recession
bah! I've got RS Feeds Intravenously
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12-12-07, 12:18 PM
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#8 |
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Member
Mega Poster
Join Date: Jul 2003
Location: In the shadows to the left
Posts: 7,700
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Re: US Recession
LOL. Roll on the UK ressesion. I made a fortune DJ'ing during the last one. Everyone wanted a party to cheers themselves up.
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12-12-07, 12:32 PM
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Re: US Recession
Quote:
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12-12-07, 12:52 PM
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#10 |
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Guest
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Re: US Recession
Seriously though, this is good for us?
Buying of $$$, keeping it then selling back to currency exhange places in a few years? What about buying a property out there? How can we take advantage of this? I want in on this making money lark.... |
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