The coming worldwide credit crunch

Oh I understand this game now.  It's ok to hurl insults at others as long as they have logged in under a different guise!! Clever.

I have just read the whole thread through and was interested to see that the main contributer regarding the  coming world wide credit crunch has also posted 'doggie' pictures and made comments........'Thanks AuntieEm, glitter made my day' and 'Morerodado, brilliant, absolutely brilliant' and 'Thanks Morerosado, loved the picture'.

There is also a comprehensive discussion about ice cream on this important and serious site, again from a major contributer.

Back in August Smiley and Georgia said ' there is no need for personal attacks' and 'valuable contributers have been lost because of personal remarks of a negative nature'.

I am not disputing the importance of your thread,and have in fact, apologised three times for the seven posts which I contributed that obviously upset you and your post.

It seems that Freedom of speech applies only to a few and a sense of humour applies to even less.

Edited post only to correct spelling.....not content.

Thanks everyone for your support on this,

John 

I'd just love to post a picture here showing a half full glass (or half empty depending on your point of view) surrounded by sparkly, glittering writing with a cute little pussy cat jumping out of the glass, but I daren't. 

Right, so back to the thread (and the first doggy picture or sparkly comment that comes up will be given short thrift), excellent article in todays Daily Telegraph explaining why the crunch has happened in the US and why we should be wary in the UK.  Apparently it was all to do with selling on bad loans by US banks to European banks (seems Banco Popular de Espana was particularly badly hit) under the guise of good business.  US had 1% interest rates on 110% mortgages (can you believe that?) and, when they put the rates up to 5.35% (in stages) that's what made so many default on the loans that had already been sold to European banks.  Two German banks had to be bailed out by the government to the tune of 8 billion and 17 billion euros respectively.

Interestingly, the article also talks about Spain's unemployment being increased by 60,000 since July, mainly in the property and construction market. 

Knowing my luck, the market will crash in about April next year when I will be selling my UK house in order to move over to Spain.  And, of course, prices in Spain will double, the pound will crash against the euro so the money I make on my house will be worth diddly squat.  Usually happens that way with me.  Every time I transfer money to Spain, the pound is worth about 1 euro 20 but when I do it the other way it's worth about 1.90.  Ah, me, take out a mortgage at 3% and the Bank of England sticks it up to 5.75% in the next 6 months.  They must see me coming.

Well said Johnone and Leema.  I'm afraid I look now and then go off somewhere else.  You'd think the "BUCKET" would keep them happy but it is very boring trying to get through the stupid pictures and "well, hi luvvy, aren't we great" type of chat when you're trying to find something.  The see last 20 posts is a bit of a joke when it's full of inane pictures of cats and look how sparkly I can make my words come out type of posts.

Now, of course, the site Mafia will come and say how everyone really enjoys it but I feel they are getting in the way of the raison d'etre of this site.  I'm sure a lot of people are being put off and not providing (or asking for) information that used to be the reason this site was so useful and informative.

Back to my little hidey hole now and may see you sometime.

I see the selfish thread pinchers have turned yet another important thread into a pointless joke page, as if they haven't started enough of their own, give us a break

Hi AuntieEm

Have not forgotten you - will get back - v busy at the mo.

Goodness TJ... I almost wish i hadnt asked!  Im not good with sad stories ... so lets concentrate on the happy parts ... Trixie and Patch look lovely!

So ... back to my investments .... any ideas? 

Sad stories about dogs have overrided the sad story about my leaks  AND QUITE RIGHT TOO.  What was this thread about ??

If anyone is interested  plumber turned water off from newly tarmacced path as stopcock in garage has seized (remember ???) put us a new ballcock in so that overflow sorted, whew but after he'd gone we saw water coming from water inlet pipe which he obviously fractured. So we currently have a container under that. Hubby got wrench on it & tightened it a fraction till it seems to have stopped but plumber is coming back tonight to replace a fibre washer. Just hope he doesn't mention the quote he gave us last night in a sealed envelope. We know now why it was sealed. Over double what other plumber quoted & we thought his was a lot.

"Message board" size now. Better isn't it ?

I made this one cos those pups WERE much loved by TJ.

Oh TJ, I'm wiping away the tears, what a story. Think we should have a Pets thread. Those of us who truly love animals seem to do literally anything to protect animals. The photo is really great as are you for doing so much for these little pups. You need a lesson in resizing pics though as screen now is so wide we all need to keep moving it to each side to read it.

Read my post  "Resizing pics"

04 Aug 2007 11:47 PM (Page 18 at the moment) Bucket club. Pop in & share your piccies with others.Anyone welcome to learn. JOIN US