Credit Crunch

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

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  1. Phil Mitchell

    Phil Mitchell check me a dollar brer?

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    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.
  2. BRID

    BRID Has name in red. Staff

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    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.
  3. Phil Mitchell

    Phil Mitchell check me a dollar brer?

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    I dont see any problem with the banks being helped out aslong as its the consumer who benefits and not the banks.
  4. BRID

    BRID Has name in red. Staff

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    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.
  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
  6. Phil Mitchell

    Phil Mitchell check me a dollar brer?

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    Im sure the share holders have been very happy up until now :lol:
  7. Congay

    Congay Registered User

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    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?....
  8. Granty

    Granty 38°52′48″N 1°23′30″E

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    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.
  9. MR KUHNT

    MR KUHNT fifi man

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    KUHNT MANORS
  10. Rossy

    Rossy . Staff

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    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.
  11. JIMI

    JIMI Not an Administrator

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    either on a messenger of death or a naval base

    why did u move out? canny location that was
  12. Natalie

    Natalie Registered User

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    Newcaste Building Society had large dealings with them so a lot of peoples money could have gone in through them
  13. stuwrong

    stuwrong Registered User

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    apparently a lot of local authorities have invested in it :eek:
  14. Carson

    Carson Registered User

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    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.
  15. Rossy

    Rossy . Staff

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    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.
  16. JIMI

    JIMI Not an Administrator

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    either on a messenger of death or a naval base
    nasty, sorry to hear that kidda
  17. forks

    forks still not dead

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    hurtling towards nirvana
    interesting analysis of global banking system turned into utopian balderdash by the end sadly
  18. Rossy

    Rossy . Staff

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    zeitgeist in a nutshell.

    I nearly took it seriously until the 9/11 bit.
  19. Anderzz

    Anderzz Registered User

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    Zeitgeist is an interesting watch, but its all bollocks unfortunately :)
  20. andy_rocks

    andy_rocks Registered User

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    Exactly.

    I have no money saved. Why should my taxes be given to people who had 50 grand stashed abroad for better interest rates?

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