• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

Doomfest

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    Doomfest

    http://www.dailymail.co.uk/news/arti...-16-years.html

    Economy outstrips forecasts to shrink by 0.5%

    FTSE plunges almost 9% as data is released

    Downturn 'will be worst for 50 years', expert warns

    It's a 'once in century credit tsunami', says Greenspan

    Asian markets tumble for a third day amid global fears


    Enjoy!

    #2
    Originally posted by DimPrawn View Post
    http://www.dailymail.co.uk/news/arti...-16-years.html

    Economy outstrips forecasts to shrink by 0.5%

    FTSE plunges almost 9% as data is released

    Downturn 'will be worst for 50 years', expert warns

    It's a 'once in century credit tsunami', says Greenspan

    Asian markets tumble for a third day amid global fears


    Enjoy!
    It’s all a bit of a self fulfilling prophesy. Idiot bankers with MBAs instead of an education lose money lending to people with no income, then stop lending to healthy businesses and people with decent credit records, hey presto, economy goes down the tubes. Idiot bankers panic and sell off shares because companies might no do so well, pushing down share prices so idiot bankers discover their investments are worth less, so they can’t lend any money to healthy businesses and people with decent credit records, so economy goes even further down the tubes.

    Root cause; idiot bankers with MBAs instead of an education, who could be replaced by monkeys without MBAs, but who might not panic as soon as they see a graph that looks like one their great grandparents saw in 1929.
    And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014

    Comment


      #3
      I think we've missed a downturn in the economic cycle thanks to the credit boom. This is why this downturn will be so bad, it's a double whammy!

      No more Boom and Bust? Perhaps that's the only way to stop things getting out of control, the natural way of things. Certainly seems better than Boom Boom BUST.
      The court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.

      But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.”

      Comment


        #4
        The downturn is so bad this time that the BBC have commissioned a special logo for it:

        http://news.bbc.co.uk/

        Comment


          #5
          Originally posted by Bagpuss View Post
          I think we've missed a downturn in the economic cycle thanks to the credit boom. This is why this downturn will be so bad, it's a double whammy!

          No more Boom and Bust? Perhaps that's the only way to stop things getting out of control, the natural way of things. Certainly seems better than Boom Boom BUST.

          You are quick !!

          Comment


            #6
            Volvo today came up with some of the worst figures of the global recession yet. In the third quarter of last year it took orders in Europe for 42,000 trucks. In the same three months this year, it took 115.
            Doomed!
            Cats are evil.

            Comment


              #7
              Originally posted by Cyberman View Post
              You are quick !!
              I imagine old Baggy had to have a lie down and a w@nk to get his heart started after taxing his unicellular brain so violently.

              Comment


                #8
                Originally posted by swamp View Post
                Doomed!
                Volvo today came up with some of the worst figures of the global recession yet. In the third quarter of last year it took orders in Europe for 42,000 trucks. In the same three months this year, it took 115.

                Good job the bad guy in Swordfish played by John Travolta died then instead of investing all his swag in buying 10% of Volvo like he planned

                Comment


                  #9
                  Originally posted by chicane View Post
                  The downturn is so bad this time that the BBC have commissioned a special logo for it:

                  http://newsimg.bbc.co.uk/media/image...small_v2_2.gif

                  Kind of cute isn't it?!

                  Comment


                    #10
                    The BBC downturn logo has disappeared! Haven't seen it since the weekend - it only lasted 2 days. It was only in ever so slightly poor taste.

                    Comment

                    Working...
                    X