Oh dear™ oh dear™oh dear™

[milanbenes]

Troll you flash get with the use of the (TM's)

excellent use of the Oh Dear (TM) brand, top marks.

Any chance of a link I'd like to send this to a friend (i do have them honest)

Ta,

Milan.

[Gonzo]

Because if they all moved their savings they really would be fooked.



Surely lending money that you don't have is just as bad as borrowing money that you cant afford to pay back.

That's how it used to work but thankfully that got de regulated during the 1980s. Ask your parents about mortgage queues.

[FiveTimes]

Troll you flash get with the use of the (TM's)

excellent use of the Oh Dear (TM) brand, top marks.

Any chance of a link I'd like to send this to a friend (i do have them honest)

Ta,

Milan.

Link

[Troll]

Troll you flash get with the use of the (TM's)

excellent use of the Oh Dear (TM) brand, top marks.

Any chance of a link I'd like to send this to a friend (i do have them honest)

Ta,

Milan.

It's all over the BBC
http://news.bbc.co.uk/1/hi/business/6994099.stm

[milanbenes]

Troll, thanks.

whoever is in charge please gimme another five years before the recession comes

Milan.

[Troll]

Troll, thanks.

whoever is in charge please gimme another five years before the recession comes

Milan.

I'm afraid dear chap, the wheels appear to coming off the NL branded GB trolley as we speak.

Best batten down the hatches ... do you think more immigrants would help?

[DBA_bloke]

It seems that NR isn't on the verge of knocking its pipe out; it's still regarded as a safe bet, long term, safer even than some banks. NR has lots of lovely property underpinning its business, which protects it well from market nasties. It's just that it's not going to meet its 15% growth target, rather than being all but finished. Also, NR may be the lender most susceptible to banks not wanting to lend, but the others aren't that far behind NR in this way. It's other banks' wariness about lending big dollops of cash that's led to this, not NR's crapness. NR's business model has always been fundamentally reliant on borrowing from other banks; it's not something new at all.

Isn't it amazing that banks react so timidly to blips? And also never seem to see that in times like this, helping each other out is, ultimately, the best thing for them all? Idiots.

[Troll]

NR has lots of lovely property underpinning its business, which protects it well from market nasties.

What happens if the value of those underpinning assets collapses? it's OK saying long term but companies report yearly.. so the balance sheet would look pretty fecked up

[DBA_bloke]

What happens if the value of those underpinning assets collapses? it's OK saying long term but companies report yearly.. so the balance sheet would look pretty fecked up

Same logic applies to every financial institute. And property is a real asset, not some LSD-induced fantasy, like Futures, etc. Assets in the real world always win out. And the UK isn't getting any bigger, whereas the population is... and all want their own place.

[Sysman]

Having to save for a couple of years before the building society would deign to acknowledge your pathetic existence.

Or you could skip the queues by buying a new Barratt house, at a premium of course.