The bastards won't even give me a mortgage
despite the fact I have about the safest job in the world right now
( ,
Tue 17 Feb 2009, 16:18,
archived)
Do you have the trademark for the abominable phrase
"Credit crunch" and plan on suing the irritating amount of people using the phrase?
( ,
Tue 17 Feb 2009, 16:22,
archived)
I would prefer a time machine
Go back 18 months and shoot the fucker that first coined the phrase...
( ,
Tue 17 Feb 2009, 16:23,
archived)
Head of a bank that's losing 12bn a year?
I hear they are pretty safe and even if they get the chop they can look forward to hefty pensions ;)
( ,
Tue 17 Feb 2009, 16:22,
archived)
it does seem to be counter intuitive to stop people getting mortages and increasing the bank's profits
fishmongers do not prevent you buying fish with impossible sales conditions. they sell you a fucking fish.
( ,
Tue 17 Feb 2009, 16:23,
archived)
Stopping lending stops giving away money you don't have
Stopping selling fish (which you do have) is different in that you're selling fish you have, as opposed to fish you claim to have but can't give because you don't actually have it.
( ,
Tue 17 Feb 2009, 16:26,
archived)
but not selling fish makes fishmonger go out of business
-oh, i see. banks are just like fishmongers after all.
( ,
Tue 17 Feb 2009, 16:28,
archived)
The banks do not have any money to lend to you.
they pissed it all up the wall and or lost it on other bets. Mostly giving all the money away to cunts wanting 17times their income for a bedsit somewhere.
They can't borrow the money from other banks, cos no fucker thinks the other fucker will be about in 3 months to pay them back.
The credit crunch is also fucked by a big world recession. So I'm not going to lend X cash to you cos if you can't pay it back the house will only be worth 1/2 X.
All in all its fucked.
i'm not going to lend you any money to buy fish either. Your fish selling business is a risk too far. No one has any more to buy fish. You'll not be able to sell fish for a profit and the world fish value will have to drop. So even if you sell 100% of fish, you'll only be able to pay back 70% of the fish loan.
( ,
Tue 17 Feb 2009, 16:30,
archived)
They can't borrow the money from other banks, cos no fucker thinks the other fucker will be about in 3 months to pay them back.
The credit crunch is also fucked by a big world recession. So I'm not going to lend X cash to you cos if you can't pay it back the house will only be worth 1/2 X.
All in all its fucked.
i'm not going to lend you any money to buy fish either. Your fish selling business is a risk too far. No one has any more to buy fish. You'll not be able to sell fish for a profit and the world fish value will have to drop. So even if you sell 100% of fish, you'll only be able to pay back 70% of the fish loan.