Totally Utterly Doomed

**BrilloPad** · 30 June 2008, 07:48

Interesting that the BIS now think we **might** be doomed http://www.telegraph.co.uk/money/mai...0/cnbis130.xml

BofE said we were in the eye of the storm a month or so ago?

I wish these "experts" would make their mind up!

**Diver** · 30 June 2008, 07:49

Originally posted by DimPrawn View Post

http://news.bbc.co.uk/1/hi/business/7480688.stm

Confidence among UK consumers in June was only one point above its lowest recorded level, according to the polling company GfK NOP.

Its UK consumer confidence index came in at -34, which was five points below May's figure and near the -35 recorded in March 1990 during a recession.

HTH

and you've just knocked it down another point with that post DP - Thanks a lot

**TimberWolf** · 30 June 2008, 08:18

Totally Utterly Doomed

Überly

**dang65** · 30 June 2008, 08:42

I'm not quite clear where this "Doomed" thing is supposed to be hitting. One of my kids went to a friend's "Laser Quest" party at the Trafford Centre last week and the car parks were completely overloaded, queues round the block sort of thing. We also went out for a very rare family meal on Saturday as my eldest son was about to go off to the Navy. The restaurant was full, at 6.30pm, and so were the other restaurants along the same street. Tesco's was also completely full when I went there yesterday. I'm just not sure where people are cutting back, if they are at all? Maybe it was even busier at the shops before the "credit crunch".

**BrilloPad** · 30 June 2008, 08:44

Originally posted by dang65 View Post

I'm not quite clear where this "Doomed" thing is supposed to be hitting. One of my kids went to a friend's "Laser Quest" party at the Trafford Centre last week and the car parks were completely overloaded, queues round the block sort of thing. We also went out for a very rare family meal on Saturday as my eldest son was about to go off to the Navy. The restaurant was full, at 6.30pm, and so were the other restaurants along the same street. Tesco's was also completely full when I went there yesterday. I'm just not sure where people are cutting back, if they are at all? Maybe it was even busier at the shops before the "credit crunch".

I think people are worried as they are borrowing more on credit cards and loans. They also feel they may have to cut back in future.

If financial institutions ration credit the way that mortgages are rationed it could get fun.

**Masher** · 30 June 2008, 08:48

Originally posted by zeitghost

"Once I built a railroad,
Made it run....

Buddy, can you spare a dime?"

I'm outta key, I'm outta time.
Buddy, can you spare a dime?
I'm outta ke-ey, I'm outta time.
Buddy, can you spare a dime?
There's a frog in my throat.
I can't hold a note.
But I'm okay when I mime.

**DimPrawn** · 30 June 2008, 08:50

Originally posted by dang65 View Post

I'm not quite clear where this "Doomed" thing is supposed to be hitting. One of my kids went to a friend's "Laser Quest" party at the Trafford Centre last week and the car parks were completely overloaded, queues round the block sort of thing. We also went out for a very rare family meal on Saturday as my eldest son was about to go off to the Navy. The restaurant was full, at 6.30pm, and so were the other restaurants along the same street. Tesco's was also completely full when I went there yesterday. I'm just not sure where people are cutting back, if they are at all? Maybe it was even busier at the shops before the "credit crunch".

Probably all Buy-To-Letters spending the fortune made on property speculating and rising rents.

Boomed!

**BlasterBates** · 30 June 2008, 09:23

Originally posted by Diver View Post

and you've just knocked it down another point with that post DP - Thanks a lot

DP does his best

Totally Utterly Doomed