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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.
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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

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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
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snorky Wrote:

-------------------------------------------------------


> 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

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