The coming worldwide credit crunch

ah,Gordon Gekko,there's a flashback.

Couldn't you give the forum members a bit of insider trading info,being a poor old Estate agent i may need to diversify a little in times to come.

Regards

Georgia

Georgia

Who do you think I am Gordon Gekko lol

200quid - you can't give dogs away here, and  they don't spay them , so guess what there are loads.

Was trying to post a picture, but can't seem to do it durhh!!

Smiley,

I couldn't resist!! i will probably pay for that post later.

More,

What Tj forgot to add to his story was that with his Trader background and in laying out £200 for vet's bills,travel cost's etc... was that the good home he found for Trixxy was the local deli,as this was Thailand trixxypoos would fetch a good price per pound!!!! turning a profit on his investment.

Georgia

Aww that was such a wonderful thing you did for Trixy, Tim. I felt the hairs on my arms prickle as I read what you did.

hI tj222,

Great post,you seem to live a rather interesting life!

You say wheat and oil prices are doubling,i might hang on to that last box of weetabix that we have in the back kitchen in the office then!.

You do have to be quite thick skinned at times in the forum but i am glad you are unfazed by previous comments.

Although in saying that we have to respect Chelseadel's opinion on certain issues,you seem to be quite savy with the markets and noticing that Chelseadel dispays a certain football club logo i would have to say he must be an expert on Boring!!! 

Georgia

Oh forgot to say

Thanks Auntie Em for all the glitter - made my day.

Sorry guys been busy for a few days with arrangements for upcoming move back to the UK.  Adventure in Thailand coming to an end. We have been busy selling off all our stuff for pennies in the pound, everything has to go, apart from my laptop lol - got some happy neighbours. Most importantly we rescued a little orphaned puppy when we first arrived and have just found her a home. She was hanging around our house in Koh Phangan, with no one in the world to care for her, so had to take her on. About six months ago she was hit by a car and broke her back leg, I took her to the vet and he said there was nothing he could do as the break was too far up and needed a pin. The thais normally leave them by the side of the road , as there are too many dogs here. Muggins here was forced to fly her up to Bangkok from Samui airport, and then she travelled by private ambulance to the hospital 200km away. She was in hospital for 2 weeks getting the pin put in, and then they took her all the way back to the airport and put her on a flight home for me, all without any money upfront and having never met me in person. I TT the money to them - total cost for everything 200GBP. Thats one of the joys of Thailand.

Anyway so Trixie has been a bit of a concern, she is very soft and it would have been tragic not to find her a good home, but that is done now and I am very happy that she will be well loved and looked after.

We are having a leaving party, booking out an entire restaurant, 15 people two course meal just over a hundred quid. There is lots I shall miss about the place, but am looking forward to an adventure in Spain before too long.

I was surprised and pleased to read all the recent comments, I was not offended by Chelsea Del's remarks, I was prepared for some interesting debate as the thread heading is a bit controversial. The way I see it is that there are some dramatic changes going on around the world currently and its interesting to keep up with them. Property is going to be much affected by these changes. Don't get me wrong I still own property in the UK and think its great to own your own home and even an investment home if you are wise, but that does not mean that its always a good buy. If  like many, you have to push yourself to the limit to own a home, at a time when interest rates are historically low, and property expensive, then you can become a slave to your house and even end up loseing it as rates climb. Low interest rates are very dangerous, cos the price of property tends to adjust upwards as rates fall, the price you have paid is fixed, but the mortgage repayments can double with just an increase of 2.5points, when rates are 2.5.

What we are seeing currently is a global repriceing of risk for mortgages and other loans, and also riseing interest rates to try and calm riseing global inflation. The price of most basic commodities from oil to wheat, have risen dramatically in the last few years, oil and wheat have both doubled in very recent times. Its now clear that the new paradigm of permanently low interest rates is hogwash and we are in exactly the same cyclical environment. Unfortunately people recently have bought highly priced property on the back of the paradigm. Chancellor Brown promised us no more boom and bust, but personally I think he will go down in history as the architect of one of the biggest of all time.

The cut and pastes I can keep shorter and just posts the links, but I add them to add substance to my views and to keep other people informed. Anyway back to the sorting out!

For Chelseadel

Click here    Go on, you know you want to !

Tim & Ruth (TJ222) please post some more.

All I can say is I read TJ's posts with great interest and if he has any more info I hope he continues to post.

Alan

"we have lost valuable contributors in the past owing to someone making personal remarks of a negative nature which is all I am trying to say."

yeah & we all know who one of those was  "  We like to keep the forums friendly at all times" ... Justin's rules.

Hi Derek I am pleased that you are proud to be English (as I am too and also proud of the fact I am part Irish - arent we all) "comes across" reads as "is" hence I wasnt alone in my interpretation of the post. 

Forgive me if I wrongly assumed you to be proud of the fact that you are half German - it was you that announced you were half German on your mothers side - it  was also you that told us you had 2 Beemers on the drive - whether one is 12 years old or not makes no difference - my better half in fact also drives a BMW and hers is 20 years old - have owned three myself over the years, plus Audis, Mercs and VW's  - it was also you that told us you have no mortgage on your house in the UK and that you "when you pay for your property it comes out of your disposable income" and that increasing or decreasing values were irrelevant. If I have misinterpreted any of this then I am eternally sorry but it was you that provided the info in the first place.

I am simply saying please be more circumspect when you refer to someone as "comes across" as boring - at risk of my being boringly repetitive, people are entitled to their own opinions and this is what the site is and has always been all about - we have lost valuable contributors in the past owing to someone making personal remarks of a negative nature which is all I am trying to say.

Night night xx

Didnt take it as an insult - spent the best part of 50 years being insulted by experts and extremely thick skinned. When I made my comparison with Germans and BMWs and Mercs I had no idea of your heritage Del nor the fact you drove two Beemers (actually I quite like them and prefer German cars and drive one myself - probably made in Belgium, Czech Republic, USA or Spain I know but a German marque nonetheless). Had I known of your origin then I would not have even mentioned Germany. If you go back to the thread I actually concurred with your opinion as to how you view your Spanish home - when I made the remark about how Germans (a sweeping generalisation I know) - in my experience (and I have met and have many German friends - 100% ers) it seems to be that historically they assess their worth on the car in the drive rather than the bricks and mortar they live in by comparison with the average Brit that assesses their wealth by the bricks and mortar the banks own on their behalf.

I am very much in favour of freedom of speech, after all our fathers fought for that right - what I am saying is that TJ is entitled to his opinion as are you - there is no need to launch a personal attack as in "this is boring". It is akin to people writing in to Anne Robinson on Points of View and complaining about TV programmes - if you dont like it switch off the set or look at another channel.

if you consider me two faced so be it - frankly I dont give a ?¿?¿ - I am most certainly not underhand otherwise I would not be having this debate with you as it is all out in the open - the one thing I wont do is condemn someone elses opinion as boring simply because I dont agree with it. There have been many valuable contributors on this site who have been offended by personal sleights and have left the forum and that is what I wish to avoid. have an opinion by all means - and feel free to air it but not if its rude or offensive.

Hi all,

Although i do not agree with all that TJ has said in his posting he has made the effort to share information in an articulate and intelligent manner.

At the end of the day anything that anyone posts in a forum is opinion and if we lose contributors because they may be afraid of being ridiculed for their comments then the forum will poorer for it.

I do not pretend to be an expert in the Global market place nor understand most of it but in saying that TJ obviously is and i respect his proffesional opinion.

Whether you choose to beleive the posts or whether they affect you or not someone should not be labelled as "boring" for sharing their thoughts,he has never been offensive or rude so i say let's have some freedom of speech.

georgia