Does any of this stuff on the tv,

about the financial world going tits up mean anything significant to the normal public? I have absolutely no clue about any of it and they are making it sound like the end of the world. What does it mean for us? Can anyone explain in simple terms?

Posted By: NCFC4life on September 15th 2008 at 22:45:51

Message Thread

The way things are going in the financial world, (General Chat) - bowfront1, Sep 15, 22:37:46
- Does any of this stuff on the tv, (General Chat) - NCFC4life, Sep 15, 22:45:51
  - yes here's how... (General Chat) - pat_abb, Sep 15, 23:31:45
    - Are those the same people who gamble silly sums of other peoples money on the markets? (General Chat) - NCFC4life, Sep 15, 23:42:39
      - by and large, no. (General Chat) - pat_abb, Sep 15, 23:48:01
        
        fairy nuff (n/m) (General Chat) - NCFC4life, Sep 15, 23:59:26
  - every day i seem to be doing a bankruptcy or re-possession case at work (General Chat) - ingi, Sep 15, 22:53:36
  - I blame the sub prime market really. (n/m) (General Chat) - DrDublin, Sep 15, 22:49:48
    - yep, 120% mortgages alot of these sub prime lenders (General Chat) - ingi, Sep 15, 22:55:51
    - Yeah - Meatball Marinara up 75p in 12 months.... crazy. (n/m) (General Chat) - Chelmsford Yella, Sep 15, 22:53:38
    - Whooooshhh! (General Chat) - NCFC4life, Sep 15, 22:52:29
      - ^^^^^ LOL at the irony of this post ^^^^^ (n/m) (General Chat) - Yellow Ice, Sep 15, 23:33:17
      - Whooooshh is exactly the problem. Too many people, with too little knowledge, (General Chat) - tudders, Sep 15, 23:19:50
      - took me 7 attempts to pass me test! (n/m) (General Chat) - ingi, Sep 15, 22:56:45
    - Not sure why but I do. (n/m) (General Chat) - DrDublin, Sep 15, 22:51:50
  - soon the world will end in a black hole, so none of it matters (n/m) (General Chat) - steven, Sep 15, 22:47:30
    - ...and today there were still punters (General Chat) - bowfront1, Sep 15, 23:07:52
      - still many sensible things to invest in that are (General Chat) - fareastcanary, Sep 15, 23:28:57
- The way things are going there won't be any banks to take any money out of. (n/m) (General Chat) - DrDublin, Sep 15, 22:39:28

Reply to Message

In order to add a post to the WotB Message Board you must be a registered WotB user.

If you are not yet registered then please visit the registration page. You should ensure that their browser is setup to accept cookies.