Doom via email

[AlfredJPruffock]

"...what many of the world's foremost financial figures - including Alan Greenspan, Paul Volcker and George Soros - are calling the biggest crisis of our lifetimes. "

In fact GreenSpan is largely responsbile for the creation of this credit crunch - rather than deal with the bursting of the dot com bubble he created a hyper bubble with the no-questions-asked-easy-credit of the US Housing Market bubble.

[Eagle]

BTW Eagle, do you really think it a good idea to associate your professional self with the drivel spewed out on this forum?

Oh, this forum's quite tame, believe me.

[cojak]

Does anyone really believe all this gloom and doom?

Not really... but it does help pass the time of day*.

BTW Eagle, do you really think it a good idea to associate your professional self with the drivel spewed out on this forum?

Only accountants do that around here and even they get their fingers burnt occasionally...

I'd recommend the PCG fora if you want to do that kind of thing...

*(Actually it doesn't really affect most of us anyway...)

[Eagle]

Does anyone really believe all this gloom and doom?

[RichardCranium]

You should have been around in 1929... the splat of falling stockbroker was quite entertaining...

Are we allowed to say that about 2001 yet?

[BrilloPad]

"the biggest crisis of our lifetimes. " - they should have seen the mid seventies. that was proper DOOM

youngsters. they dont know a proper crisis.

[HairyArsedBloke]

... sent the FTSE back 10 years ....

Mmmmmmm. It's true that the FTSE 100 was at this level 10 years ago, but what happened in between is fun to look at.

[Gonzo]

Are they offering to sell you something by any chance?

[RichardCranium]

Presumably this report says I have to take my savings and existing investments (yeah, right) and put them into those owned by the four outfits that paid most to be in the report.

And that will make me safe and wealthy, yes?

Jeez. They're no better than the Nigerian scamsters.

My advice? Take your savings and book a holiday to 90% of that value. (The remaining 10% is for the surcharge they'll think up between now and then.) They can't take what you haven't got.

[Bagpuss]

Special MoneyWeek report August 2008

How to protect your wealth and prosper in...

BANKRUPT BRITAIN



The UK is potentially about to be battered by the biggest financial storm of our lifetimes.

If you want to make sure you survive it, you've simply got to act NOW.

In this urgent MoneyWeek report we will reveal 4 'protect & profit' investments that could make you impressive returns even as the markets plummet.




You've every right to be furious right now...

The financial industry has let you down. So has the government. Greedy financiers created the subprime time-bomb that exploded in the US last year. Weak politicians on either side of the Atlantic have allowed the crisis to spiral out of control.

Already the subprime mortgage losses have created a $200 billion fiasco that has brought down Bear Stearns and Northern Rock, sent the FTSE back 10 years and created an unprecedented worldwide credit crunch.

But for us in the UK, the worst is certainly still to come. So far the damage has been limited. It's been harder to get a mortgage. Mortgage payments and credit card bills have gone up. Investments have yo-yoed. Even so, most of us have still got our houses, our savings and the same standards of living.

But if you fail to make the right decisions right NOW, that could be all about to change...

We won't get into the complex economic background in this report. But we will tell what is likely to happen in the weeks and months ahead. We'll show you which investments are going to devastate the finances of unwary investors. We'll reveal the truth about Bankrupt Britain.

And best of all, we'll provide you with a comprehensive 'safe haven' strategy for beating what many of the world's foremost financial figures - including Alan Greenspan, Paul Volcker and George Soros - are calling the biggest crisis of our lifetimes.