Credit Crunch - Can't Help But Think The Media's To Blame...

Thanks be to Glottenham for an incisive, cutting edge analysis of our current predicament, and the sane strategies suggested to help: "given Extasy/MDMA in the right setting in order for these people to heal...alternatively, (kinda my prefence) a punnishment treatment of a full does of LSD and then to be shot in he private parts and released in a busy shopping centre to entertain the masses". Mmm a caring sharing type then, unless of course he happens to disagree with you, and then: death.
By the way numbnuts; can you actually define monetarism or neoconservatism, and, if so, you could succinctly put forward the differences?
Glottenham: last stop on the wackybacky line?:)
 
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We discussed this at length in other threads, but the media's reporting has a significant impact on consumer confidence, and consumer confidence is the single biggest driver of the economy. When the media goes into a fit of doom and gloom, fewer people spend, which means companies struggle and have to lay off workers, which means those people and their families have less money to spend, which means the media gets even more negative, and so on. It's a downward spiral.

While the media may not have caused the current downturn (as we've discussed before, we haven't met the criteria of a recession), their actions could turn a downturn into a recession. As for our leaders, they should be ashamed of themselves for talking down the economy. Their job is to inspire confidence, not add fuel to the pessimists' fire. They should be doing all they can to inpire consumer confidence. After all, interest rates are low, unemployment is low, and inflation is low. In the context of recent history, these are pretty good times.
 
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...is an 'agression', u could say the modern equivalent of the stone age man hunting wildlife...and this agression to win at the money game is an energy that can take one over. I know this even as someone who as you can probably tell has also had some radically different life expereinces - its dangerous! If you give this agression free reign, then you get things like credit crunches happening...and it doesn't in reality 'all work out in the end' (purity of the market thesis), what happens in the end is you get starving kids in expolited and trashed Africa and an oil slick for a planet, i.e. in other words Redwood and his ilk are insane scum that need containing/treatment. So from this context (planetary health), an end to economic growth booms is a good thing! Basically we need to enter a reality/design system of living that are based on Mother Earth love instead of rape, exploit and money. (see permacultural link). Yes I know the Redwoods will protest and distrupt, which is why they will need to be ring fenced in some way.

Its quite possible now for a multiple banking failure to occur, the situation really is unpresidented, and for a 1930's or worse recession to happen. Looking at house prices in North West Wales where I am now, they could easily drop 30-50%, tha will cause VERY serious problems for the economy. The fact is that this is a easy credit/low interest rates etc funded boom, prices do need to drop back hugely, but of course this will cause mega problems, and so the government is in panic trying to stop this from happening..but it needs to happen! - so they are in a trap (and so are we.) - the cause very much being unregulated free market capitalism in a banking context. Thus so much for Dr Camerons solutions.

Agricultural/woodland/smallholding/farms land prices are still strong, but if the credit squeeze carries on, then this market inevitable will collapse also and you'll be able to pick up areas of land for next to nothing. All this was really very predictable - but people don't want to belive that booms will end, speculative bubbles or otherwise...especially egoising fascsit idiots in government.

Time to stop spending and start growing your own food and sharing. Here's a genuine solution:

http://www.permaculture.org.uk/

I emphasise - the situation is unprecidentedly serious. Poor Mr Brown, his absolute worst nightmare! The man that ushered in the UKs most serious banking crisis and possible worst ever recession. Better put him on suicide watch. He'll never cope - a broken, Faustian character.

I do have a degree in economics by the way, not that that nessessarily means anything of course, but it does mean that I have some background. I would say that this building society is more or less 100% safe by the way:

http://www.ecology.co.uk/

...doubly safe because the money is being invested in 'sound' projects and not little boxes made of ticky tacky.
 
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jonpds

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Jul 31, 2006
2
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I'm an engineer, and don't work in financial services, but why is it so blindingly obvious to me (and Vince Cable) that when you manipulate a poorly regulated industry and attempt to make money out of thin air by passing around shoddy bonds, it will all crash when the music stops. Gordon Brown is in it up to his neck - no more boom and bust ? His government (deliberately ?) fuelled the housing bubble creating money out of nothing, and it was this money that fuelled the economy and made it look strong. Unfortunately people of lower mental ability didn't see this and kept voting him in.

It's long overdue that we get rid of the parasites in the city who push up the prices of everything including our basics: energy and food and get back to basics with the cost of a home.

Reasonable cost for land + materials cost + labour

It's not the media that are responsible, but ambition and greed.
 
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Gillie

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Apr 12, 2006
13,065
1,463
North West England
After all, interest rates are low, unemployment is low, and inflation is low. In the context of recent history, these are pretty good times.

Over the past 12 months food prices have risen by 10.6%, petrol and diesel by 24% and household fuel bills by 13.8% (including an 87.8% leap in heating oil).

Yes inflation is low!!!!

edit: As for interest rates being low ... which ones Steve, base or LIBOR? As the 'base line' used by most lenders at the moment is LIBOR!
 
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It is the Governments who are responsible for all things bad! This "credit crunch" has been fabricated to knock the nation into line!!

Keep the nation poor and vulnerable so they don't start delving into what the truth really is about the state of the world, the fact that 911 was organised by US government! 7/7 was organised by the British government etc...

I highly recommend people watch these documentaries:

"Zeitgeist" & "ENDGAME: Blueprint for Global Enslavement"

They are both free to watch on Google Video...
Very interesting yet VERY WORRYING stuff, I think those of you who watch will agree! They will explain about credit crunches and wars and why they are occurring~ all for profit for the Governments!

So they can tighten their grip around the worlds population to make us all accept the "New World Order"~ which roughly translates to "Totalitarian Global Domination!"

Trust me watch the documentaries....
 
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Thanks be to Glottenham for an incisive, cutting edge analysis of our current predicament, and the sane strategies suggested to help: "given Extasy/MDMA in the right setting in order for these people to heal...alternatively, (kinda my prefence) a punnishment treatment of a full does of LSD and then to be shot in he private parts and released in a busy shopping centre to entertain the masses". Mmm a caring sharing type then, unless of course he happens to disagree with you, and then: death.
By the way numbnuts; can you actually define monetarism or neoconservatism, and, if so, you could succinctly put forward the differences?
Glottenham: last stop on the wackybacky line?:)

Serious issue: Take the battery eggs out of your dogfood, blagger.

Take a look at this:

http://news.bbc.co.uk/1/hi/business/7524834.stm

Its serious ok?

BUT at least the credit crisis/recession will stop people spending money on rubbish that they don't really need (nor their dogs!), and does not really make them happy (just distracted for a bit), ans will call at least a tempory halt to the 'beasts' maniacal trashing of the Mother Earth.


By the way Dawg. How much have you made so far this tax year? Can you beat £150000 egoiser? And all GENUINE eco business m8.

Remind me to give you a slap next time I see you in Battle farmers market!

Careing/sharing towards scum like Brown/Cameron? Don't be fuking pathetic.

Have some respect for a front line eco warrior, Dawg, you silly blagging new age asshole.

Jah Bless ;)
 
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A lot of what you read in the newspapers is more about speculation than fact. Everybody is an expert!

Economic prediction is speculation, but fact is that the chickens are coming home to roost now. Time to stop wasting money on overhyped factory food containing dog food and start pulling out lumps of fresh meat from the skip - oh but that perverted pyscotic headcase Thatcher make 'skipping' illegal .
 
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Popcorn, popcorn, lovely popcorn, roll up get yer lovely popcorn before the fight.

popcorn.jpg


Odds are 10/1 on straight KO by Dwag, round 3 inside two minutes.
Popcorn, popcorn, lovely popcorn...
 
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Gillie

Free Member
Apr 12, 2006
13,065
1,463
North West England
Serious issue: Take the battery eggs out of your dogfood, blagger.

Take a look at this:

http://news.bbc.co.uk/1/hi/business/7524834.stm

Its serious ok?

BUT at least the credit crisis/recession will stop people spending money on rubbish that they don't really need (nor their dogs!), and does not really make them happy (just distracted for a bit), ans will call at least a tempory halt to the 'beasts' maniacal trashing of the Mother Earth.


By the way Dawg. How much have you made so far this tax year? Can you beat £150000 egoiser? And all GENUINE eco business m8.

Remind me to give you a slap next time I see you in Battle farmers market!

Careing/sharing towards scum like Brown/Cameron? Don't be fuking pathetic.

Have some respect for a front line eco warrior, Dawg, you silly blagging new age asshole.

Jah Bless ;)

A tad overdramatic me thinks!!

We are talking about credit crunch, not my dick is bigger than yours!! :rolleyes:
 
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'Eco Warrior' Glottingham, (gnarff),

This is kinda the major problem with internet communication. You don't know me, what I do or what I have done...except that you do have some idea of who I am. (Battle farmers market that day)...weird one. At least I look the part eh matey?! That because I believe in natural way and power which is why I dont fuk about with my hair (and waste silly amounts of money preening and poncing about with it).

Listen Dawg, listen and have some respect please. LSD and a bullet through the ******** is the best part of it for scum with the sort of karma that Brown and Cameron have. Try and imagine pissing and shitting and cuming with fear - thats the treating in store for those peverts by the Mother.

Now try sharing Dawg, because thats the ultimate solution, OK? - the antidote to the 'order' managed and promoted and policed by those...by those..worthless egosings war crimial perverts..oh and thats another cause of the current 'situation' - illegal wars of agression do appear to have an impact on oil prices...so why not deliberatly cause a deeper recession by rasing interest rates to deflate the economy as a 'cure' for the aftermentioned act of criminal genocide.

Insane scum with piss-voiding karma

Blessings.
 
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Jonathanlouis

Free Member
Mar 18, 2008
54
7
Somerset
Be it the Credit Crunch (damn fine breakfast cereal), the Bank Crisis, the lack of this or that, Fuel Armageddon, Life in its last throes of existence. What are these but beliefs cultured and made actual by all that buy into them.

Have you ever been told something and decided to absolutely not buy into it and found your own way without the pain and angst others exhort you must suffer?

Have you ever cultivated, held true to your self a vision and belief in something that to others may just seem like pie in the sky?

And have you then created your own reality and success because of it?

No matter how small or large, we all have done this at one time or other. This is because we chose not to buy into the propaganda, thought processes, collective or otherwise and found our own way, believed the other path and created it through persistence, tenacity and faith.

The reason that we choose to read the headlines, listen and accept no matter how partially we do , the reported health or ailment described is because we are willing to grant it power over our own wisdom and creative process.

Sure we are at present not aware of our full wisdom bank, but we are are perfectly adequately equipped to sniff out the proverbial four letter poo when it is paraded as fact, truth and research.

For every ill that people suffer there is an equal and opposite case of those that see the positive outcomes and benefits and act on them.

Some may be utterly selfish and filled with exploitation. These are sowing their own rewards.

Whereas some are of such a creative, innovative and forward thinking nature that they produce vital positive and ultimately benefit for all.

You will notice that most of the wealthy, successful and innovative great business people and operations spend little time considering whether this time is bad/good/rolling into depression or surging into abundance.

They understand, in the main, the natural tide of ebb and flow and seek opportunity in both heights and troughs.

They certainly pay scant attention to headlines of those scribblers who accept that little intelligence and boorish headlines are sufficient diet for a public that has yet to realize its ability is far more than it has so far allowed itself, by letting itself be swept into a hypnotized and unquestioning altered state.

Responsibility starts with right thinking and thinking into existence what you want - it has zilch to do with what others tell us to believe.

Have a great weekend with no telly and newsprint. Savour the summer meadows or city parks. It is a beautiful world and we hold its future in our own creative power.

Jonathan
 
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Jonathanlouis

Free Member
Mar 18, 2008
54
7
Somerset
Funny you should mention that!

I am in the process of doing just that.

However, I never approached the subject by "trying"

I was once asked by someone very wise, when I pleaded that I had "tried" to do something.

He asked me to sit down. I did. He then asked me to stand up. I did.

He then asked me whether I had "tried" to stand up

I said No I just did it.

He said, "Then you never have to try to do anything. You just do it.

I have followed that advice ever since and it has been one of the many lessons that have allowed me to change my life.

As for buying out of a mortgage - if that was to mean becoming financially free, then what must be borne in mind is that unless we are blessed with a windfall there is a certain period of gestation for a new paradigm to come into being.

In order to hasten that process, there can be certain elements put into place to make that process deliver efficiently.

This can lead to the 'buying out process' completing.

It is not the preserve of special people - it is within the ken of anyone with the will, desire and determination to do so.

To believe that we are tied to our 15/25 years of mortgage bondage is just that - a belief.

To think by relating ourselves to our present and past performance that this determines these terms of servitude, can be detrimental to our dreams and aspirations. Yet you and I both know how so many are trapped into that mindset.

It is a choice, not an absolute.

Thus, this month or next I shall be freeing myself from this sentence never again to be its slave. I chose to think in a certain way. That way has delivered me into a freedom that is boundless and so rewarding in every department.

It has shown me the true meaning of success, and it has proved to me that it is in the domain of anyone, unfettered by their present circumstances, to do the same.

Some while back I believed I was trapped for life - or at least the life of the mortgage and so many other lies.

Today I know different.

All in the mind you see, Gillie.

and we each of us are the master of that department, eventually.... if we so choose.

Have a great weekend
 
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DickM

Free Member
Oct 3, 2007
408
51
Essex
What would happen if the media suddenly stopped featuring all these stories on the 'credit crunch'? ............................."

Al


What a fantastic response to yr thread. I posted on the 8/7/08 " Is GB talking itself into a recession" see link below.

http://www.ukbusinessforums.co.uk/forums/showthread.php?t=72458

I only got one response! Perhaps the majority of this forum was on holiday :), and that hard times are only being experienced by those involved in new house builds. :|
 
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jolly

Free Member
Aug 5, 2008
34
0
If media stopped reporting the crisis, people would still loose their houses, there is no magic wand there. Next is the huge amount of bankruptcies.
It was not the media who made this crisis, but greedy, greedy bankers.
I think that only people who prefer to delusion themselves like to blame the media. More realistic ones will blame greed.
 
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J

jthiggins2008

The credit crunch is hitting those that have been living in a dream world for the last ten years. Business has been booming the banks having been throwing money around left right and centre. Now it's time to pick ourselves up and fight our way back to the good times. It's not going to be easy but if it was everybody would be rich!!!!!!!!
 
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The Panda

Free Member
Apr 16, 2008
711
154
Runcorn, Cheshire
If media stopped reporting the crisis, people would still loose their houses, there is no magic wand there. Next is the huge amount of bankruptcies.
It was not the media who made this crisis, but greedy, greedy bankers.
I think that only people who prefer to delusion themselves like to blame the media. More realistic ones will blame greed.
Greed lit the match, the media fan the flames. Omg, I am having a deep thought moment.:)
 
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Credit Crunch?

Maybe, but sales and business are through the roof here!

During these harsh times, businesses must strive to spend more on advertising and marketing their business. 50% - 60% of time should be in selling and marketing your business in the recession.

Just my view!
 
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