Daily Doom - "end of world as we knew it"

[AtW]

Indeed. Much better to have rented and not taken advantage of the bubble for capital gain. Indeedy.

I don't like screwing people out of their money, it just goes against my principles. That's why I would not take any job and that's why I did not take part in gambling that took place recently.

I have chosen to invest my hard earned money into my own business, had I bought a house I would not be able to do this investment, in fact if I had a morgage around my neck then I'd have to do contracting or permie work, this would leave me no chance to actually work on my own business, so in effect (even if I could buy house for "cheap" price in 2003 or so) it was this choice and I think I made the right one, not just from the point of view of not being involved in ripping people off, but also I think I will be able to make far more money than a few BTL property speculation would have made me, and even if I won't then I'd certainly feel well about whatever money I earn from my business knowing that I earned them. It probably does not mean much to you, but it means to me, and since I live my own life I make my own choices - frankly I am very pleased that the choices that I made are not the ones you'd do - not being like you, sas, is a big added bonus

[sasguru]

Silly AtW, you could have lived in one of SASguru's former inner city hovels above a crack den in an "up and comming area". Knife/bullet proof vest included. Soon it will be 'Gentryfied' if you can stay alive that long.

Indeed. Much better to have rented and not taken advantage of the bubble for capital gain. Indeedy.

[sasguru]

Indeed, why would they try something like this when they can just pay themselves huge bonuses when markets are raising and when their strategy falls apart they just screw out people who invested money and even those who did not want to get involved in this carp.

Indeed.

[Bagpuss]

Silly AtW, you could have lived in one of SASguru's former inner city hovels above a crack den in an "up and comming area". Knife/bullet proof vest included. Soon it will be 'Gentryfied' if you can stay alive that long.

[AtW]

Yes the fools. Why didn't they spend years living in a Northern hovel writing some not so great software for a crowded market instead ?

Indeed, why would they try something like this when they can just pay themselves huge bonuses when markets are raising and when their strategy falls apart they just screw out people who invested money and even those who did not want to get involved in this carp.

[Bob Dalek]

Yes the fools. Why didn't they spend years living in a Northern hovel writing some not so great software for a crowded market instead ?

Very good.

[sasguru]

He is right though - he and others got used to making big bucks in ever raising market, that did not require much brains - what required some brains and responsibility was staying away from these speculative bubbles.

Yes the fools. Why didn't they spend years living in a Northern hovel writing some not so great software for a crowded market instead ?

[AtW]

Just the kind of responsible, rational individual you want taking care of your money.

He is right though - he and others got used to making big bucks in ever raising market, that did not require much brains - what required some brains and responsibility was staying away from these speculative bubbles.

[sasguru]

Hmmm. If they go down to 1995 levels I see a definite buying oppo.

[AlfredJPruffock]

“This ain’t Economics
This is Genocide”


And in the death ..

As the last few corpses lay rotting on the slimy thoroughfare

The shutters lifted in inches in Tooting Broadway
High on Hampton Hill
And red, mutant greedy eyes from Croydon
gaze down on The City

No more big bonuses

Fleas the size of rats
sucked on rats the size of cats
And ten thousand Contractoids

split into small tribes
coverting the highest of the sterile agencies

Like packs of dogs assaulting the glass fronts of IR35 Avenue
Ripping and rewrapping their tax returns
purple powerpoint presentations


no more transporters to Solaris

Any day now
The Year of the Diamond Dogs

“This ain’t Rock’n’Roll
This is Genocide”

[Mich the Tester]

"City analyst Ian Scott of Nomura told his clients it was “the end of the world as we knew it”."

http://www.thisislondon.co.uk/standa...nge/article.do

Just the kind of responsible, rational individual you want taking care of your money.

[AlfredJPruffock]

"SHARE prices could be heading for levels not seen for 13 years, City analysts warned today, with the FTSE- 100 Index heading down towards the 3000-point level."

"City analyst Ian Scott of Nomura told his clients it was “the end of the world as we knew it”."

http://www.thisislondon.co.uk/standa...nge/article.do

The End of the World aint due till 2010.

So kick back and relax.

[swamp]

"SHARE prices could be heading for levels not seen for 13 years, City analysts warned today, with the FTSE- 100 Index heading down towards the 3000-point level."

"City analyst Ian Scott of Nomura told his clients it was “the end of the world as we knew it”."

http://www.thisislondon.co.uk/standa...nge/article.do