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What is happening to our country?

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With the state of the banks what is going to happen with our country?
We have got rid of all our manufacturing industry, our only strength left in the world is the square mile.
If our Banking and stock markets collapse, what future in the world will we have left?
I think things look very bleak for the future for our children.
There hasn’t been job security for a while now, as there once was was.
How can we get out of the dire situation we now see ourselves in?
This credit nation is now falling to its knees.
We cant I believe just blame this government surely we could see the mistakes of past governments to.
Is there really a way out?
There doesn’t seem to be anyone strong enough that I can see around to get us out of the shit we are now in.
worrying isnt it? confused
im off to buy a Euro Millions ticket...... bolt
There's always the option of going back to the old Mattress Savings Plan. :twisted:
In the first World War, a German Field Marshall described British troops as;
"Lions led by Donkeys"
Think it is a fate of our nation that those words apply to the whole of the British people rather than just British troops.
John
its just a recession y the fook they can't say it is beyond me calling it a credit crunch don't make it any better
we have been through um b4 n will again just learn from it n don't do credit like us if we can't have it cash we don't have it
ok we gotta tighten our belts for a while but we ain't gotta worry bout havin stuff reposessed cause everythin is ours already
as for who is gonna sort it out well not this goverment thats for sure thier original slogan was things can only get better well we r still waiting lol
change of goverment is in order me thinks
We're dooomed, doooooooooomed I'll tell yer.
Doomed to listen to a lot of whiners cool
Quote by bouncy332
its just a recession y the fook they can't say it is beyond me calling it a credit crunch don't make it any better
We could say that, but we have never seen banks falling to their knees as we are now.
Merryl Lynch one of the top investment banks in serious trouble, and others that have Collapsed. Is it really just another recession?
we have been through um b4 n will again just learn from it n don't do credit like us if we can't have it cash we don't have it
I agree and still remember the hard times of the early 90's when interest rates were 15%. We learnt our lesson then and dont have what we cant afford. We haven't used credit sinse.
But so many people want now pay later, the majoroty of children think they can have it now.
Nobody today seems to understand the value of money
ok we gotta tighten our belts for a while but we ain't gotta worry bout havin stuff reposessed cause everythin is ours already
Same here, but there are so many not in this possition.
as for who is gonna sort it out well not this goverment thats for sure thier original slogan was things can only get better well we r still waiting lol
I totally agree with you!
change of goverment is in order me thinks

We can change but I thing there is no party at present suitable to change to.
Quote by Theladyisaminx
With the state of the banks what is going to happen with our country?
We have got rid of all our manufacturing industry, our only strength left in the world is the square mile.
If our Banking and stock markets collapse, what future in the world will we have left?
I think things look very bleak for the future for our children.
There hasn’t been job security for a while now, as there once was was.
How can we get out of the dire situation we now see ourselves in?
This credit nation is now falling to its knees.
We cant I believe just blame this government surely we could see the mistakes of past governments to.
Is there really a way out?
There doesn’t seem to be anyone strong enough that I can see around to get us out of the shit we are now in.

A question that even the Government cannot answer, well not with any truth anyway!
The banks in my view have been greedy gits for years and years, and I for one am laughing if they take a big hit. They have taken us all for mugs, and because of their own greed, they have suffered big losses.
You cannot go and give people 125% mortgages over 50 years, to people on low incomes, the sums do not add up.
The American banks have lossed huge ammounts for the very same reasons, and the housing market going through the floor. I for one will not shed any tears for the banks, or the city slickers who have been earning six figure salaries for years, and that does not include their huge bonuses.
There are more serious issues going on than the banks. The number one issue for people at the moment is immigration, followed by crime.
Immigration has been out of control for a numbers of years, and the thought of building cities the size of Birmingham every couple of years or whatever it was, is boardering on madness.
The credit crunch or whatever you want to call it is a serious issue for most. I for one have said this country will never be great again, as people abroad think we are a laughing stock.
Crime out of control...peoples jobs on the line...credit for mortgages near impossible to get....immigration out of control. These are just a few things wrong, and we do not have a Government who has a clue as to how to even start to put things right.
Oh I wish things were different. cool
Quote by Theladyisaminx
its just a recession y the fook they can't say it is beyond me calling it a credit crunch don't make it any better
We could say that, but we have never seen banks falling to their knees as we are now.
Merryl Lynch one of the top investment banks in serious trouble, and others that have Collapsed. Is it really just another recession?
we have been through um b4 n will again just learn from it n don't do credit like us if we can't have it cash we don't have it
I agree and still remember the hard times of the early 90's when interest rates were 15%. We learnt our lesson then and dont have what we cant afford. We haven't used credit sinse.
But so many people want now pay later, the majoroty of children think they can have it now.
Nobody today seems to understand the value of money
ok we gotta tighten our belts for a while but we ain't gotta worry bout havin stuff reposessed cause everythin is ours already
Same here, but there are so many not in this possition.
as for who is gonna sort it out well not this goverment thats for sure thier original slogan was things can only get better well we r still waiting lol
I totally agree with you!
change of goverment is in order me thinks

We can change but I thing there is no party at present suitable to change to.
jeeezzeeeeeee woman confusing me like that rolleyes kept lookin n thinkin i didn't write all that lol
get you clever arse i can change colours never bloody works for me ffs
as for me i'm voting monster raving loony party bout the only ones that can sort it out me thinks :silly:
We need compasssion, humour, mutual respect and love.
But, are we really in the shit? or is this media hype?
I was talking to someone the other day who said it's 'glorified media scaremongery'.
To be honest, I'm not sure what's happening, or what's going to happen, all I know is that my family and I are secure at this moment in timeand healthy.
Quote by keeno
We're dooomed, doooooooooomed I'll tell yer.
Doomed to listen to a lot of whiners cool

rotflmao rotflmao
is it time to start stockpiling yet ?
Hi….
My granddad used to say to me……
“Girl, no matter who is voted for, they all piss in the same pot, and when some ‘new’ party gets in, it’s just an illusion of change, to satisfy the people”
It’s my belief that there is a bigger plan being followed, (Their NWO and all that stuff ) and we are just the pawns…… if we let ourselves be……
I firmly believe that we create our own reality, and have greater powers than we have been led to believe……Which many people are learning how to access now…How deep is the rabbit hole?????? Lol……
It’s not just the banks/food prices/health care/economy in the UK/Europe/ ffs it is happening world wide……..
Just part of their major plan……There is nothing we can do to stop it, we just have to prepare ourselves, and understand and learn to use our true potential….
Like my sig/profile says…..Relax, things happen in order and there is nothing you can do about that. So the best thing you can do is smile and be happy and enjoy the moment!
The bloody good thing in my eyes is that more and more people are seeing that we are being sucked dry……and being controlled and dummed down more and are starting to wonder WFT is going on…..
Oh heck I had better shut up and get off my soapbox
kiss kiss kiss
Recent banking trouble wouldn't have been caused if the traders hadn't been short selling~~~ they are the ones that brought the recent bank to its knees, that now has been outlawed for now.
Nah it's just part of the normal (and constantly repeating) lifecycle of economies based on the capital. It seems to be that everyone goes through one (or more) of them in their lifetime.
In my opinion, we just shouldn't panic, things will go back to normal soon. The capitalistic powers will not really allow to happen anything that harms them majorly
Quote by Ego_kai_esy
Nah it's just part of the normal (and constantly repeating) lifecycle of economies based on the capital. It seems to be that everyone goes through one (or more) of them in their lifetime.
In my opinion, we just shouldn't panic, things will go back to normal soon. The capitalistic powers will not really allow to happen anything that harms them majorly

Certainly not with an election looming. lol
The really scary problem is not the mortgage market. After all the property still exists and payments of some sort will continue to be received for it. That's not to say there won't be losses of course.
As I understand it the nightmare is the derivative market. Basically commodity merchants and financial institutions bet both ways on whether the price or value of something will go up or down so they (think) they can't make a loss. They took great care to persuade compliant politicians in the 80's to relax regulations to allow them to play this game.
The value of this derivative market is greater than the whole world economy!
Basically they have been gambling on credit and doubling or quit. And no, I don't know the answer.
For a basis intro with what has gone wrong in the banking system read this!
I found it funny but hits the nail on the head!