credit crunch

[spadetownboy]

is it just me or is anyone else sick to death of hearing about the so called credit crunch. it just seems you cant turn on the tv or radio or open a paper without hearing about it and the impending doom it will bring. i personally feel the constant bombardment on the media is actually acting as a trigger to create more doom and gloom. give it a rest.

[jumpinjackflash]

i thought they were chocolate bars??

[snorky]

I * know* about this sadly and even tho I am a glass half empty fellow, I have no doubts whatsoever that society as we know will survive. and prosper.

cheap, lazy, parasitc. scaremongering , selfish, inward lookinbg, smug journalism, often by writers who may be able to string a sentence together ( unlike me ) but have on the economists guide to economics and the internet to use as reference points

[macroban]

It would have been more helpful if "jouralists" had started reporting this in early 2007.

[snorky]

this was always going to be a problem, as many of the products traded are impossible to value or attcch any meaningful risk value to them - this isnt exactly new and has been an issue for a deacde or more in my field - I am surprised that so many top tier financials got involved in such waste products

[blinder999]

snorky Wrote:

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> this was always going to be a problem, as many of the products traded are impossible to value or attcch any meaningful

> risk value to them - this isnt exactly new and has been an issue for a deacde or more in my field - I am surprised that

> so many top tier financials got involved in such waste products

quite right dad

http://www.scotsindependent.org/2005/050304/steptoe%20and%20son.jpg

[dulwichmum]

Gosh, I feel so very delighted that I am completely loaded. I am off to buy a whole new wardrobe as this thread is depressing!

[blinder999]

dulwichmum Wrote:

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> I am off to buy a whole new wardrobe as this thread is depressing!

We've got a couple out back you can have for a fiver

http://www.scotsindependent.org/2005/050304/steptoe%20and%20son.jpg