Originally posted by DimPrawn
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Who orchestrates the media?
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Originally posted by oracleslave View PostAh, Nicky G where you been?Rule #76: No excuses. Play like a champion.Comment
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Originally posted by sasguru View PostIn the last few days have noticed a sudden upsurge in positive "boom" stories. What a load of bollux - nothing's changed except for a small fall in oil prices. Not enough to change anything.Comment
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Originally posted by dang65 View PostBut nothing much had changed in the first place to cause all the "doom" stories.Hard Brexit now!
#prayfornodealComment
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Originally posted by sasguru View PostYou mean the falling house prices, plunging mortgage approvals and massive price rises in fuel of all types?
Apart from that, nothing has changed.Comment
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Who orchestrates the media?
Rupert Bl**dy Murdoch! (well in the case of the Sun and the Times he has one of the most, if not the popular broadsheets and red top)Comment
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Originally posted by sasguru View PostYou mean the falling house prices, plunging mortgage approvals and massive price rises in fuel of all types?
As they've demonstrated repeatedly in the media, you can do all sorts with the same figures to make everything sound great, or everything sound terrible. I don't see any signs of mass panic round here though. Most people have plenty of ways to cut back on their extravagant spending before they start to actually "suffer".
I'm not being flippantly optimistic here; just saying that the news stories do about turns with what are essentially the same facts, give or take a few dollars a barrel or whatever.Comment
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Originally posted by dang65 View PostBut all of those things are just the financial people mucking about. Oil and food prices are going up because of speculation, not because their availability or supply has actually changed. The mortgage approvals drop is due to the banks not lending to each other any more, not because they've actually got less money. And house prices are just made up anyway. The ones that sold may have been cheaper because those owners were desperate to sell up or something, but there are far fewer sales going on because buyers are hanging on to see what happens. So it's not as if property has actually lost its value, just that the market is dead at the moment.
As they've demonstrated repeatedly in the media, you can do all sorts with the same figures to make everything sound great, or everything sound terrible. I don't see any signs of mass panic round here though. Most people have plenty of ways to cut back on their extravagant spending before they start to actually "suffer".
I'm not being flippantly optimistic here; just saying that the news stories do about turns with what are essentially the same facts, give or take a few dollars a barrel or whatever.
What people don't realise is that they've been living in a massive financial bubble and it's just been pricked.Hard Brexit now!
#prayfornodealComment
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Originally posted by sasguru View PostFinancial people mucking about? Exactly - but the consequences are all too real. And you don't see any signs of mass panic because it's early days yet. Wait till the unemployment figures start rising.
The contractor beside me who left a month ago got another one within a week. I'm still getting several calls a week and I don't even have my CV online anywhere. The shops are rammed, have yuo seen the travel agents? Not a seat to be had, standing room only. I still can't get a Nintendo Wii Fit in the shops for love nor money, they sell out in minutes. Several huge residential construction projects in my home town are still merrily continuing. Houses are sill being sold in my street.
Doomed? I wish someone would tell me where, I can't see it.Cooking doesn't get tougher than this.Comment
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Originally posted by TheBigYinJames View PostIt's been 'early days' since Northern Rock. That was a year ago.
The contractor beside me who left a month ago got another one within a week. I'm still getting several calls a week and I don't even have my CV online anywhere. The shops are rammed, have yuo seen the travel agents? Not a seat to be had, standing room only. I still can't get a Nintendo Wii Fit in the shops for love nor money, they sell out in minutes. Several huge residential construction projects in my home town are still merrily continuing. Houses are sill being sold in my street.
Doomed? I wish someone would tell me where, I can't see it.
Charles Mackay, 1841Hard Brexit now!
#prayfornodealComment
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