Friday Doom - And so it begins...

**fzbucks** · 10 August 2007, 07:52

Black Friday?

**Rantor** · 10 August 2007, 07:53

Originally posted by Churchill

Is this the start of the end?

World markets fall

Hope so, I'm sick if this global financial system bollox - global metdown might be just the thing to cheer me up today.

**AlfredJPruffock** · 10 August 2007, 08:04

And in the End
The Love you Take
Is equal to the Love
You Make ...

**richard-af** · 10 August 2007, 08:07

Originally posted by AlfredJPruffock

And in the End
The Love you Take
Is equal to the Love
You Make ...

Her majesty's a pretty nice girl,
But She doesn't have a lot to say.

**Xenophon** · 10 August 2007, 08:07

Originally posted by AlfredJPruffock

And in the End
The Love you Take
Is equal to the Love
You Make ...

Thanks AJP. Short, but oh so sweet.

**ChimpMaster** · 10 August 2007, 08:08

No it's simply a correction, but has some way to run yet.

I wouldn't wish for a financial meltdown if I were you - it would likely put every one of us out of business. It may not be so bad for those who have saved up loads of cash though ...which isn't me unfortunately

**sunnysan** · 10 August 2007, 08:11

The house price crash

Well yes, so it begins,

If you think about it, house prices will not be able to sustain themselves if people cannot lend money, if we hit a credit crunch, and people have not got easy access to credit, then it impossible for houses to sustain their value as the houses are valued on the assumption of the availablity of credit.

Its npot really the value of the house, its the profitablity of lending money which will be affected and the house prices will follow

So it be written,

Nostrodamus

PS I did not get everything right

**Rantor** · 10 August 2007, 08:17

Originally posted by sunnysan

Well yes, so it begins,

If you think about it, house prices will not be able to sustain themselves if people cannot lend money, if we hit a credit crunch, and people have not got easy access to credit, then it impossible for houses to sustain their value as the houses are valued on the assumption of the availablity of credit.

Its npot really the value of the house, its the profitablity of lending money which will be affected and the house prices will follow

So it be written,

Nostrodamus

PS I did not get everything right

Is that from the end of the world chapter?

**Buffoon** · 10 August 2007, 08:17

Originally posted by zeitghost

"If you go to Zahadoom, you will die".

He did alright for himself afterwards though.

Friday Doom - And so it begins...