Is the doom just beginning?

[ratewhore]

It seems to me that news of economic doom is picking up pace rapidly now and the effects beginning to show in the real economy. No Jobserve jobs, house and stock prices crashing etc. Or are we just getting a lot of bad economic news currently and can expect this to peak and we see green shoots of recovery to begin appear later this year or next?

Or are we all doomed and even after the major doom has peaked, are we all doomed long-term too?

Don't believe what you read in the papers, or what you see on the news channels. And it wouldn't be any different under the Tories. In fact, it's all Maggie's fault.

All the above are what I've learnt from the esteemed members of CUK...

[Jubber]

16 days to go.

Link please

[Doggy Styles]

Just remember how many families are:

A/ reliant on 'good times' service sector jobs
B/ seriously in debt, funding a lifestyle beyond their means

For many years I have watched people happy to live beyond their means, while I was endeavouring to get rid of my debts.

Am I allowed a bit of schadenfreude?

[Doggy Styles]

Or are we all doomed and even after the major doom has peaked, are we all doomed long-term too?

One man's doom is another man's opportunity.

Someone should translate that into Latin and make it the CUK motto.

[minsky1]

One man's doom is another man's opportunity.

Someone should translate that into Latin and make it the CUK motto.

One man's ceiling is another man's floor? hold on ... that was Wayne from Aufwiedersehen Pet wasnt it ...

[Mich the Tester]

For many years I have watched people happy to live beyond their means, while I was endeavouring to get rid of my debts.

Am I allowed a bit of schadenfreude?

Surely if you have had debts and paid them off, all that divides you from other people is timing? You paid off your debts before the bad times, while others who may have intended to start repaying have been stung before they had the chance.

OK, so I don’t know whether to sympathise with people who maxed out their credit cards on posh shoes and expensive tellies, but then I’m judging from a position of being able to afford a nice lifestyle without needing to borrow.

[AlfredJPruffock]

One man's ceiling is another man's floor? hold on ... that was Wayne from Aufwiedersehen Pet wasnt it ...

Unsure about APet - but it certainly is the title of a Paul Simon song taken from the There Goes Rhyming Simon album.

Got a great piano intro ...

[Drewster]

One man's doom is another man's opportunity.

Someone should translate that into Latin and make it the CUK motto.

Unus man's fatum est alius man's vicis

or maybe

fatum of unus vir est vicis of alius

[BrilloPad]

Don't believe what you read in the papers, or what you see on the news channels. And it wouldn't be any different under the Tories. In fact, it's all Maggie's fault.

All the above are what I've learnt from the esteemed members of CUK...

Someone actually came here to listen instead of just spouting nonsense on stuff they dont understand? Wow....

[Mich the Tester]

The brightest news in NL right now is that people aren't losing their houses or their business inventories as quickly as was thought because the bailiffs and bankruptcy courts are too busy to handle all the work. One debt collection agency in our town has a 9 month waiting list and is refusing new customers.