1. Banners
    Dismiss Notice

Credit Crunch

Discussion in 'General Discussion' started by Natalie, Oct 7, 2008.

Users Viewing Thread (Users: 0, Guests: 0)

Page 4 of 7
  1. Phil Mitchell

    Phil Mitchell check me a dollar brer?

    Joined:
    May 19, 2005
    Messages:
    8,965
    Likes Received:
    1
    Location:
    Melbourne
    I dont understand why the British Government should be compensating citizens who invest their money with foreign companies.

    Ice Save has no UK connections so you are effectively taking money away from the UK so there is no way that the UK tax payer (and dont tell me this wont happen) should be covering this.
    Phil Mitchell, Oct 8, 2008
    #61
  2. BRID

    BRID Has name in red. Staff

    Joined:
    Jan 31, 2003
    Messages:
    8,341
    Likes Received:
    218
    Location:
    Ever changing
    Any printing of money to 'help' banks or 'ease liquidity' will ultimately end in higher inflation.

    .... Which means bills are going to continue to go up.
    BRID, Oct 8, 2008
    #62
  3. Phil Mitchell

    Phil Mitchell check me a dollar brer?

    Joined:
    May 19, 2005
    Messages:
    8,965
    Likes Received:
    1
    Location:
    Melbourne
    I dont see any problem with the banks being helped out aslong as its the consumer who benefits and not the banks.
    Phil Mitchell, Oct 8, 2008
    #63
  4. BRID

    BRID Has name in red. Staff

    Joined:
    Jan 31, 2003
    Messages:
    8,341
    Likes Received:
    218
    Location:
    Ever changing
    Somehow i doubt we'll all look back on this with a smile and say it was all worth it ;)

    .... the people are going to pay for this round of greed... for a very long time.
    BRID, Oct 8, 2008
    #64
  5. ManofScience

    ManofScience Guest

    they have to help the banks - they can't let them fail. it's a win/win situation for the brokers, a shit situation for the share holders who ultimately lose out
    ManofScience, Oct 8, 2008
    #65
  6. Phil Mitchell

    Phil Mitchell check me a dollar brer?

    Joined:
    May 19, 2005
    Messages:
    8,965
    Likes Received:
    1
    Location:
    Melbourne
    Im sure the share holders have been very happy up until now :lol:
    Phil Mitchell, Oct 8, 2008
    #66
  7. Congay

    Congay Registered User

    Joined:
    Aug 22, 2002
    Messages:
    20,033
    Likes Received:
    435
    What made you put yr money in Iceland anyway. Would you have cicked "Apply" if your moneysupermarket search popped up with "Uncle Zanzibars Very Good Bank (NIGERIA)" ?????

    what is it they say about a fool and his money?....
    Congay, Oct 8, 2008
    #67
  8. Granty

    Granty 38°52′48″N 1°23′30″E

    Joined:
    Aug 17, 2005
    Messages:
    4,239
    Likes Received:
    36
    Location:
    Here and there.....
    We're based in the City Centre of Newcastle and we process their investments. It's likely to have been marketed round here, offered a good rate and sounded quite appealing at the time. Hence why they're covered under the UK FSCS.
    Granty, Oct 8, 2008
    #68
  9. MR KUHNT

    MR KUHNT fifi man

    Joined:
    Nov 17, 2005
    Messages:
    825
    Likes Received:
    1
    Location:
    KUHNT MANORS
    MR KUHNT, Oct 8, 2008
    #69
  10. Rossy

    Rossy . Staff

    Joined:
    Jul 31, 2004
    Messages:
    7,916
    Likes Received:
    180
    Location:
    Posts:456780000000000000000
    I'm going to be made redundant because nobody in America wants to buy our product. I'm not really bothered though, things always pan out in the end. I had to move out my flat in August though, so I haven't noticed any problems with my money situation yet.
    Rossy, Oct 8, 2008
    #70
  11. JIMI

    JIMI Not an Administrator

    Joined:
    Mar 5, 2006
    Messages:
    7,422
    Likes Received:
    37
    Location:
    either on a messenger of death or a naval base

    why did u move out? canny location that was
    JIMI, Oct 8, 2008
    #71
  12. Natalie

    Natalie Registered User

    Joined:
    Apr 4, 2004
    Messages:
    3,540
    Likes Received:
    0
    Location:
    Here
    Newcaste Building Society had large dealings with them so a lot of peoples money could have gone in through them
    Natalie, Oct 8, 2008
    #72
  13. stuwrong

    stuwrong Registered User

    Joined:
    Dec 11, 2007
    Messages:
    914
    Likes Received:
    12
    apparently a lot of local authorities have invested in it :eek:
    stuwrong, Oct 8, 2008
    #73
  14. Carson

    Carson Registered User

    Joined:
    Dec 19, 2006
    Messages:
    6,596
    Likes Received:
    40
    Dont think it is affecting me, one of the 2 loans I have hasnt recieved a payment for four month, so just my credit score is a bit fucked at the minute :lol: suprise suprise.

    - With regards to the Icelandic crack, at work we have stopped selling & buying Icelandic Kroner as the exchange rate is fluctuating so much in a day.
    Carson, Oct 8, 2008
    #74
  15. Rossy

    Rossy . Staff

    Joined:
    Jul 31, 2004
    Messages:
    7,916
    Likes Received:
    180
    Location:
    Posts:456780000000000000000
    It was and I loved that flat, but due to unfortunate circumstances nass had to move home. :(


    Then I dossed in Sandyford, then I got made redundant.
    Rossy, Oct 8, 2008
    #75
  16. JIMI

    JIMI Not an Administrator

    Joined:
    Mar 5, 2006
    Messages:
    7,422
    Likes Received:
    37
    Location:
    either on a messenger of death or a naval base
    nasty, sorry to hear that kidda
    JIMI, Oct 8, 2008
    #76
  17. forks

    forks still not dead

    Joined:
    Nov 21, 2005
    Messages:
    4,216
    Likes Received:
    142
    Location:
    hurtling towards nirvana
    interesting analysis of global banking system turned into utopian balderdash by the end sadly
    forks, Oct 8, 2008
    #77
  18. Rossy

    Rossy . Staff

    Joined:
    Jul 31, 2004
    Messages:
    7,916
    Likes Received:
    180
    Location:
    Posts:456780000000000000000
    zeitgeist in a nutshell.

    I nearly took it seriously until the 9/11 bit.
    Rossy, Oct 8, 2008
    #78
  19. Anderzz

    Anderzz Registered User

    Joined:
    Sep 20, 2003
    Messages:
    2,524
    Likes Received:
    0
    Location:
    South Shields
    Zeitgeist is an interesting watch, but its all bollocks unfortunately :)
    Anderzz, Oct 8, 2008
    #79
  20. andy_rocks

    andy_rocks Registered User

    Joined:
    Dec 2, 2003
    Messages:
    8,708
    Likes Received:
    0
    Exactly.

    I have no money saved. Why should my taxes be given to people who had 50 grand stashed abroad for better interest rates?
    andy_rocks, Oct 9, 2008
    #80
Page 4 of 7

Share This Page