Its official "WE'RE IN A RECESSION"

Started by MayoMan, September 25, 2008, 09:18:19 PM

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Bogball XV

Quote from: muppet on September 27, 2008, 05:29:50 PM
Quote from: comethekingdom on September 27, 2008, 01:48:50 PM
IMO, some people lost the run of themselves altogether! I mean, re motgaging their homes to buy some inflatedly price holiday home abroad that they will realistically visit only a couple of times a year and with flying to get very expensive and the ass falling out of the values of these properties abroad and at home  - BIG TROUBLE ahead for lots of ordinary folk. Its sad to see and I hope it gets better sooner but the chickens are coming home to roost.

The US banking system could collapse on monday, a big European bank rumoured to be in trouble so what happened over there last week could start here on monday, but the Irishman will blame his neighbour for it all.  ::)

Money could be worthless in a week or two. If it happens it wouldn't matter what you bought, saved or even smoked.
We'll soon find out if that decommissioning ever happened at all I reckon ;)  Survivalism, the way forward.