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# I disagree
I think the media hype surrounding the situation makes it far worse. How many stories do you read in the paper that mention 'the economic downturn,' however unrelated?

Yes, some people have lost a lot of money and the Government has had to bail out shoddy organisations, but there are still wealthy companies with people spending and earning money.

Now is the time of opportunity, not panic.
(asciifaceofbob bob bob bob bob bob bob bob, Wed 31 Dec 2008, 8:29, archived)
#
"Now is the time of opportunity, not panic."

Yes, of course - no one is suggesting panic.

If you are cashed up, or at least debt free, then there are many opportunities. If you are debt laden as many people are, or if you had your super/pension tied up in shares, as many people did, then things are a bit different.

(I helped save b3ta! enoughblueskyforsailorstrousers, Wed 31 Dec 2008, 8:50, archived)
# For some, but if you're looking at the entire economy I'd argue too little debt is worse than too much debt.
And too little debt being issued is where we are at the moment.
(I helped save b3ta! zoldergoose, Wed 31 Dec 2008, 8:57, archived)
#
Too much debt will always be too much debt.

(I helped save b3ta! enoughblueskyforsailorstrousers, Wed 31 Dec 2008, 9:11, archived)
# I hear you,
if you have no cash or are in debt, you would be suffering anyway.

The folk who have their funds tied up in shares knew what they were getting into and the ones who didn't should not have been playing that game.

Sorry to sound so hard
(asciifaceofbob bob bob bob bob bob bob bob, Wed 31 Dec 2008, 9:27, archived)
# "there are still wealthy companies"
mores the pity :(
(I helped save b3ta! Tom OBedlam I have control of a tank, Wed 31 Dec 2008, 9:58, archived)
# "Anarchy in the UK"
Said the man who sells butter
(asciifaceofbob bob bob bob bob bob bob bob, Wed 31 Dec 2008, 10:00, archived)
# "eat the rich"
(I helped save b3ta! Tom OBedlam I have control of a tank, Wed 31 Dec 2008, 10:07, archived)
# "Come on baby"
(asciifaceofbob bob bob bob bob bob bob bob, Wed 31 Dec 2008, 10:15, archived)
# I preferred the sister
/coat
(I helped save b3ta! DLT's Musical Bonanza is totting up the p, Wed 31 Dec 2008, 10:49, archived)
# can't we have both opportunity and panic?
i find they complement one another beautifully.
(I helped save b3ta! postbear has metal knees, Wed 31 Dec 2008, 8:51, archived)
#
Like when you are just about to get a blowjob but you catch fire?
(I helped save b3ta! enoughblueskyforsailorstrousers, Wed 31 Dec 2008, 8:58, archived)
# i've caught a few things from blowjobs, but never fire.
(I helped save b3ta! postbear has metal knees, Wed 31 Dec 2008, 9:22, archived)
#
You've never has the habanero bell pepper special?
(I helped save b3ta! enoughblueskyforsailorstrousers, Wed 31 Dec 2008, 9:29, archived)