You know I like to relate statistics to reality, so just asking if anyone has been affected by the credit crunch yet and how…ie cant get a bike or finance been refused for no apparent reason, no mortgage offer etc etc…
in a way yes, my missus is a self employed driving instructor and she has seen a drop in students wanting to have as many lessons as they did, normally their wealthy folks pay for most of them but it seems to have slowed a little,
i’m actually doing better at the moment than the last year of struggling to get by paid all my bills this month and i’ve put £350 in the savings account:D credit crunch…long may you last!
well done, to be honest i am saving too, its probably seeing all the office scrotes on the telly bigging them selves up last year with thier fat xmas bonuses that did it for me
up until last night i was meant to work 4 afternoons, now im down to 2 due to the “credit crunch” but my workload hasnt decreased yet have been warned though that my contract may just make it up to Christmas if im lucky… so ill have to cut back drastically in order to pay off the insurance installments and everything else…
:D:D
Yeah gold prices went up.
Time to hock the wedding ring.
I havn’t but the dsa obviously has - they are now failing people for things like cutting up the invisible man and forcing him to do and emergency stop ( with his invisible soundless horn as well) to keep their money coming in! They must be worried.:w00t:
I have been badly affected by BBC financial correspondent Robert Peston’s annoying whiny voice…if that counts.
Friend of mine’s parents lost £0.5m in an unguaranteed bank account, if that counts.
Jon Snow seems to be sent out on assignments a bit more often
where do I start…
I have pretty much 2 jobs.
In one hand I run a small company specialized in the sale of new build property on behalf of real estate developers; and in the other hand, I am an independent financial advisor whom most of his clients until last year were wealthy middle easter business people and the people my company sold properties too.
I let you imagine how well things are going for me…
:ermm:
To give you an idea, I think my SA tax return will show a gross this for 2008-2009 about 30% of what I declared for 2007-2008
Credit crunch exist. So much so that I might soon have to take on a real job again :w00t:
The media are making the situation worse. Their sensationalism is scaring the crap out of people. I say let the banks deal with it and everyone else get on with their life as normal as can be (pie in the sky? perhaps). Credit? Well, we shouldn’t be in bloody debt for starters, but we as a nation are so eager to take it.
Just be glad theyre not Icelandic.
We might as well be living in Hertfordshire. Prolly have to sweep your own street next year;)
I heard they only had £17m in Landesbank… Kent had £50m…ouch… Besides they sweep craply anyway…Having said that, the council mysteriously cut my front lawn for me the other day lol… result! Still doesnt make up for the other ****…
I think we should redefine the criteria for it to be properly called a recession so we can drop the nicey-nice “credit-crunch” title!
I know plenty of people affected by this, mainly large investors, and it’s tough to be too sympathetic when they were grossly over-paid anyway (and most would admit to that fact).
If you add in ever-increasing utility prices, food and petrol rises to this recession then I think we are all hurting a little. Let’s hope it doesn’t get too much worse and let’s also hope the press stop talking it all downwards.
Bring back the manufacturing industry!! 
China won’t let it go without a fight!! 
My job is protecting people’s pensions … :crying:
Without the banks lending money, there’s no chance.
It’s called credit crunch because banks stopped lending. Literally, they pretty much stopped lending eachother, even overnight loans. If that doesn’t improve, it could get very very grim. And no, the banks won’t sort it out themselves, it’s beyond that point.
Let’s face it, it affects all of us, it’s the end of cheap credit, and we’ve all loved cheap credit for the last few years, if you haven’t directly, it’s likely your employer, clients … have.