Whooooshh is exactly the problem. Too many people, with too little knowledge,

control too much.

Leehman is the first big one to fall, there will be many more, and it's hardly this this country yet.

The banks make money by skinning you and me. When they can't do it anymore because we can't be f**ked to pay them back, they then borrow from each other to lend to other people, and all risk control goes out of the window.

There's a finite amount of money in the world.

Posted By: tudders on September 15th 2008 at 23:19:50

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

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