The credit crunch...Debt and the federal reserve

[vincent]

credit crunch/recession

is this over-hyped nonsense by the media ?

 

[Knight1979]

not according to Danish Blue

 

[TheMightyQuinn]

A Design For Life ;)

 

[flixton blues]

Housing,construction-shagged,oil,food at record highs-tighten your purse strings

 

[barryo]

Housing,construction-shagged,oil,food at record highs-tighten your purse strings

Big time true.

I have been on several sites this week that have all but stopped still and all the plant has been taken off site. Scary indeed

 

[denislawsbackheel]

credit crunch is definitely true but we aren't in a recession. We've not had one quarter of negative growth yet, never mind two.

 

[smooblue]

I work for the CAB now and I think things are getting worse and worse.

I spent 3 years working in debt collection, 12 years working for a finance broker and now work sorting the shit out from my former careers! Oh the irony.

Credit Crunch - Lenders have been greedy, they have been irresponsible, they have lent to people who they should never have, in my option they have a lot to answer for.

 

[deco]

i dont think it is, its just another news story that fills the headlines. its like sars and bird flu and all that shizzle thats died down now aint it.

 

[flixton blues]

i dont think it is, its just another news story that fills the headlines. its like sars and bird flu and all that shizzle thats died down now aint it.

Sorry mate,cant agree-i work in construction, its on its knees-fact,firms like Barratt,Wimpey etc are on the brink of going out of buisness,its going to have a knock on effect on the whole economy

 

[Dave H]

Our place is laying off half it's staff.

Tell them that it's just media bollocks.