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I'm a man of my woooord...

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Ninj, Wed 1 Apr 2009, 14:58, archived)

hell yes!

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op op op op op I stink therfore I spam, Wed 1 Apr 2009, 15:00, archived)

oh hai ninj!!!!!

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hYpe is haunted by humans, Wed 1 Apr 2009, 15:01, archived)

Hai Hype!

:D Edit: CallofDuty, CallofDuty, CallofDuty........

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Ninj, Wed 1 Apr 2009, 15:04, archived)

warhawkwarhawkwarhawkwarhawkwarhawkwarhawk

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hYpe is haunted by humans, Wed 1 Apr 2009, 15:39, archived)

Shucks!

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Ninj, Wed 1 Apr 2009, 15:49, archived)

I feel sorry for the poor bugger.

Talk about walking into a shitstorm created by your predecessor.

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Halibut If you think education is expensive, try crack., Wed 1 Apr 2009, 15:01, archived)

predecessor/boss

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Prof UnderCover evitable, Wed 1 Apr 2009, 15:02, archived)

Yes. That does make it worse.

It's very hard to blame the last guy, when the last guy is in charge.

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Halibut If you think education is expensive, try crack., Wed 1 Apr 2009, 15:05, archived)

Its he had any balls he would

(waxdart hello., Wed 1 Apr 2009, 15:06, archived)

*brushes back fringe, sucks in air through teeth*

which cowboy have you had in here...? Well - it's all fucked for a start, s' gonna take about £1.5tn to put it right...

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Prof UnderCover evitable, Wed 1 Apr 2009, 15:06, archived)

It's this kind of talk that gets me going.

The British (European ) financial situation has nothing to do with Gordon Brown as an individual ( he was the single most successful chancellor we have ever had ) But is a direct result of the 18 month knock on we get from the debt based monetarism system of the US, the US banks greed in the subprime market ( and subsequent devaluation of bonds ) coupled with hedge fund managers in the world markets taking every advantage of the situation to make huge quick profits with no consideration to the effect it would have on inflation.

But of course it's easier to 'blame the government'.

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Pasanonic 's been known to cause insanity in laboratory mice, Wed 1 Apr 2009, 15:25, archived)

He didn't do himself any favours by talking about eliminating boom and bust.

Whilst riding a boom in assets such as houses.
I don't think it was mostly his fault, but it would have been nice for him or some of the system he created to regulate the banking industry to look a bit more closely at what was going on.

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my other username is a porsche , posting shit pictures so you don't have to, Wed 1 Apr 2009, 15:28, archived)

If the government are happy to take credit* for the good times

They've got to be prepared to take responsibility for the bad times.

* no pun intended, much

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Barbarossa is not my real name, Wed 1 Apr 2009, 15:35, archived)

but it's unfair to apportion blame

to individuals when they had absolutely no control or responsibility for the people who started this. If you must blame a government ( rather than the private finance sector who are to blame ) then you have to look at the Bush administration rather than tilting at windmills and blaming people who could do nothing about it.

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Pasanonic 's been known to cause insanity in laboratory mice, Wed 1 Apr 2009, 15:41, archived)

I agree

Also, it's equally unfair for individuals to take credit for the good times when they weren't directly responsible for those, either.

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Barbarossa is not my real name, Wed 1 Apr 2009, 15:55, archived)

It's the Chinese to blame

They lent money to the world to buy chinese goods on credit, then pulled the money back to collapse the markets, now they are slowly buying shares at knock-down prices. They are the worlds keenest gamblers!

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CanonCaliber A big bore, Wed 1 Apr 2009, 15:41, archived)

They have put the price of timber up by two thirds

and I can't get decent hardwood to save my life. the bastards.

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Pasanonic 's been known to cause insanity in laboratory mice, Wed 1 Apr 2009, 15:43, archived)

Try these (I sometimes buy oak from them)

www.timbmet.com/

probably biggest hardwood dealers in the UK

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CanonCaliber A big bore, Wed 1 Apr 2009, 16:04, archived)

Presumably whenever a credit card application form lands on your door,

you sign up immediately and max it out?
Just because they're offering a loan doesn't mean we needed to take it

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my other username is a porsche , posting shit pictures so you don't have to, Wed 1 Apr 2009, 15:44, archived)

You'd have to be mental to be living on credit right now.

You need to liquidise any assets you can and get it into savings. Savers will do well out of this.

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Pasanonic 's been known to cause insanity in laboratory mice, Wed 1 Apr 2009, 15:46, archived)

Yeah, I'm doing fabulously with my 1-2% interest rates.

I'll be shopping around soon.
On the plus side, I'm saving for a deposit and house prices are coming down while my money goes up (slowly).

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my other username is a porsche , posting shit pictures so you don't have to, Wed 1 Apr 2009, 15:47, archived)

Me and her have been discussing property.

There are two houses in our area that are at around 50% of their 2007 value and whilst we'll not see that kind of recovery I think that there will be a tidy profit in both of them.

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Pasanonic 's been known to cause insanity in laboratory mice, Wed 1 Apr 2009, 15:50, archived)

Nothing personal, but I do hope there's not that kind of recovery.

It seems short sighted at best for people to have thought that steeply rising house prices were a good thing.

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my other username is a porsche , posting shit pictures so you don't have to, Wed 1 Apr 2009, 15:54, archived)

Premium Bonds are your friend

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Barbarossa is not my real name, Wed 1 Apr 2009, 15:53, archived)

%1 plus an occasional prize?

I'll see what I can get elsewhere first. Most of it's living in an ISA anyway.

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my other username is a porsche , posting shit pictures so you don't have to, Wed 1 Apr 2009, 16:00, archived)

If you've got the max amount you can have you get at least £50 every couple of months

(or at least you used to, it's years since I had any, actually)

..but at the time it was at least equivalent to having savings with a decent interest rate, with just a chance of getting really lucky...

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Barbarossa is not my real name, Wed 1 Apr 2009, 16:02, archived)

There's a handy calculator here.

www.moneysavingexpert.com/savings/premium-bonds-calculator/
I'll look into it, but with people being paranoid about banks, I think the odds are getting worse at the moment.

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my other username is a porsche , posting shit pictures so you don't have to, Wed 1 Apr 2009, 16:05, archived)

Hmmm, not as good as I remember, actually.

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Barbarossa is not my real name, Wed 1 Apr 2009, 16:09, archived)

arrrg.

The only person making money from moneysavingsexpert is martin lewis. the twunt.

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Pasanonic 's been known to cause insanity in laboratory mice, Wed 1 Apr 2009, 16:09, archived)

You can get 4% on a two year fixed term fixed rate bond

and should have no problem getting over 3% on 12 months bonds.

www.lovemoney.com/savings/term-bond-accounts.aspx

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Pasanonic 's been known to cause insanity in laboratory mice, Wed 1 Apr 2009, 16:06, archived)

I wouldn't be surprised if rates were higher than that in a couple of years.

I'll probably look for a decent 1-year thing. Cheers for the link.

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my other username is a porsche , posting shit pictures so you don't have to, Wed 1 Apr 2009, 16:09, archived)

NP.

I agree that they will go up. It's just that with a fixed rate bond your profit is guaranteed. You can already find better rates but being index linked they are really risky right now.

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Pasanonic 's been known to cause insanity in laboratory mice, Wed 1 Apr 2009, 16:15, archived)

He looks like my kind of chancellor

What are his policies on fast food?