STOP PANICKING!

Stock markets. For goodness sake! Traders! Stop panicking! Investors! STOP! Do you WANT a recession!?

The more you panick, the worse it gets! At the moment it’s not too bad, but it will be if you carry on!! For people with money sense, you sure do act stoopid sometimes!

http://news.bbc.co.uk/2/hi/uk_news/7201733.stm

rant over…for now…

There is a whiff of panicked uncertainty at the moment. The next big hit will be in Monolines and Bonds. 63 Stock exchanges globally are now over 20% down from previous levels which is the official indicator for a bear market. It’s going to get grizzly out there.

It is starting to **** me off…I had to sell one of my Bentley’s the other day and put my Monaco property up for sale. :stuck_out_tongue:

lol :slight_smile: appreciate the sentiment, but if a recession hits, then its going to be a real fracking problem! Yes quite a few European countries are already at 20%…

I wont panick as theres nothing i can do about it.

It’s nearly at meltdown… maybe it’s game over.

I was going to sell all I have and ride into the sunset on my bike, but I don’t want to go to Wales. :wink:

I’m going to go and find a window in a high building now

and throw money out of it!:smiley:

we are already doing that with the petrol prices as they are…think it is all being caused by bin liner…he must be laughing heartily from the grave…

Don’t panic Mr Mainwearing ! They don’t like it up 'em ! :w00t::stuck_out_tongue:

http://www.dadsarmy.co.uk/maincharacters.html

love dad army…cracking programme…

:stuck_out_tongue: http://www.iwantoneofthose.com/panic-button/index.html

or for those of us who dont wish to show their age (ish) :smooooth: :w00t::stuck_out_tongue:

http://en.wikipedia.org/wiki/The_Hitchhiker’s_Guide_to_the_Galaxy

I blame the financial press! It’s got a pretty long history of spin-making and fear-mongering :stuck_out_tongue: If you look at the market results and do the analysis yourself, you see a pretty different story. It’s worth taking the time to do it to comfort yourself that the sky isn’t about to fall on our heads :smiley:

Anyhow, what’s wrong with Wales? The roads are aaaaaaaaaaaaawesome :cool: (and they have huuuuuuuuuuuuuge cows too. I like cows :))

exactly :wink: well, except for the bit about cows! :ermm:

Cows rock. Fact.

:smiley:

the secret is to keep calm yourself and let everyone else panic, if you didnt stretch too far on your last house/flat purchase, you could be laffin next year when the developers are trying to get rid of new builds

remember as long as you can cover the mortgage, the value of your property should, in theory, ‘adjust’ (read: freefall) along with everyone else’s…so who cares? :crazy: