Boards Index General discussion Getting serious The Recession Thread.

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  • #11464

    Investment banks and airlines going bust, house sales virtually halted, estate agents closing down, new car sales at lowest level since 1966…..

    Are we in for a really bad time financially? I err on the pessimistic side. On reflection, though, is it pessimistic if houses are 50% cheaper and you can pick up a secondhand Range Rover Sport for less than the price of a Fiesta of the same age?

    #371726

    There is always some good for some and some bad for others in these kinda situations isnt there?

    I dont really understand money markets etc, but the lending patterns over previous years have been totally irresponsible and people are now feeling the impact.

    You would be shocked at the amount of people on FULL benefits and out of work who are up to their necks in new debts… now these people should not fit banks lending criterea atall, but they did, until now.

    Repossessions are rife, and Ive had to deal with some extremely traumatic situations at work recently… fancy losing all your equity and ending up with nowt, its horrific.

    #371727

    On reflection, though, is it pessimistic if houses are 50% cheaper and you can pick up a secondhand Range Rover Sport for less than the price of a Fiesta of the same age?

    At some point it is logical to assume that our present practices of over-consuming are going to get us into BIG trouble. A Range Rover consumes more gas than a Fiesta, and therefore, as gas prices continue to rise, they aren’t really a good deal in the long-run.

    We all need to make better choices about what we need, and what we buy. It is like a relationship, it may begin with presents and flowers, but those are not the things which sustain love. It is the inexpensive things which make love flourish…a smile, a touch, a helping hand. Likewise, if we commit to walking ten percent more, or riding our bikes, or denying ourselves the latest and greatest technology on the market, we will find that our own personal situation will be financially better. Might even shed a few pounds in the bargain. :D

    Stephen

    #371728

    You make a lot of sense there Stephen. Food for thought eh? (no pun intended)

    My own take on the current so-called crisis is to think about mobile phones. Yes … that’s what I said….. mobile phones.

    Why do you have one??? Logically it is to make and receive telephone calls to other telephone users right?

    So how come most mobile users are seemingly more concerned with all the additional gadgets and functions on their phones – none of which have anything at all to do with their primary purpose???

    In so many ways they have become a metaphor for living in today’s world. We seem to have lost sight of any sense of purpose and buy things for all the additional benefits rather that focussing on their fundamentals.

    BTW I predict the end of civilisation, as we know it, sometime before Christmas.

    #371729

    @forumhostpb wrote:

    You make a lot of sense there Stephen. Food for thought eh? (no pun intended)

    My own take on the current so-called crisis is to think about mobile phones. Yes … that’s what I said….. mobile phones.

    Why do you have one??? Logically it is to make and receive telephone calls to other telephone users right?

    So how come most mobile users are seemingly more concerned with all the additional gadgets and functions on their phones – none of which have anything at all to do with their primary purpose???

    In so many ways they have become a metaphor for living in today’s world. We seem to have lost sight of any sense of purpose and buy things for all the additional benefits rather that focussing on their fundamentals.

    BTW I predict the end of civilisation, as we know it, sometime before Christmas.

    Well… as I work in a non-internet environment, I do use mine to check e-mails/facebook/myspace at least ever half an hour…. the boredom!

    BUT…. I pay a fiver a month for that privilage… hardly last of the big spenders?

    #371730

    can you be more specific about the timing of the end of civilisation ? it may save me some shopping

    #371731

    Yes, PB, it is funny about phones not being just phones. They have more distractions than a three year old at Xmas. How odd to see everyone with a phone to their ear as they plod down the street, or drive their car. The conversation goes: “what’s up?” “Nothin’. You?” We are a world that has nothing to say about nothing. If Sarte were alive he would write a sequel called Nothing and Nothingness; and then kill himself. Even his bleak outlook would seem cheery in comparison. We want something, but we don’t know what it is, so we buy, or believe a white haired man directs our lives, or crystals, or worse, we lose all belief. So, even if we don’t consume all of our planets resources, we will consume our souls.

    Yet, here we are, a community of sorts, reaching out to one another across an electronic divide. All can’t be lost or we wouldn’t bother. We are not a unified community, nor a harmonious one, but there are people touching people in beautiful ways. This can be a catalyst for our “real” lives, where we can share the energy of our cyber-friendships with our family and friends. How beautiful that a laughter shared here can resonate acoustically, and how miraculous that a birth, a pain, a tear, a love, can fill our hearts so that we are launched outside to bear witness to a harvest moon.

    Stephen

    #371732

    What a lot of old rot. People are not existentially bankrupt because they can use their phone as a Walkman.

    And I’m not reaching out to you, either, Baldy.

    #371733

    @sharongooner wrote:

    Well… as I work in a non-internet environment, I do use mine to check e-mails/facebook/myspace at least ever half an hour…. the boredom!

    BUT…. I pay a fiver a month for that privilage… hardly last of the big spenders?

    I’ll be having a word with your boss today! :wink:

    #371734

    @sword wrote:

    @sharongooner wrote:

    Well… as I work in a non-internet environment, I do use mine to check e-mails/facebook/myspace at least ever half an hour…. the boredom!

    BUT…. I pay a fiver a month for that privilage… hardly last of the big spenders?

    I’ll be having a word with your boss today! :wink:

    Date has gone from being September to December for the new “system” :roll:

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