The "Credit Crunch" and you? - Page 12

Blighter · 18-09-2008, 18:46

Quote:

Originally Posted by Pumpkinstew

You're right. They use Bigmac's not happy meals.

http://en.wikipedia.org/wiki/Big_Mac_Index

See, I'm not just a daft c***

Haly · 18-09-2008, 22:15

Great news Knip

iCraig · 18-09-2008, 23:40

I don't live in credit much, if at all, so I'm yet to be really stung by it. I will though, we all will in one way or another. The banks have felt it with no money to lend any more, which rolls down each tier upon tier until the effects hit many many industries. It's usually the jobs we have that affect us, rather than our living costs. Higher bills and interest rates mean we have to tighten our belts, cut back and sacrafice some luxuries until we can properly afford them. However, when your job is on the line because the company you work for is getting no jobs come in, then the situation goes up several gears.

flump · 19-09-2008, 10:07

Well, you guys who bought HBOS at the nadir could be trebling your money today! Congrats.

Love from Capitalism

xxx

Mark · 27-09-2008, 22:21

The number of stores closed/closing/in trouble on the local high street is starting to get a bit scary. We've got the triple threat of credit crunch (Rosebys, Motor World, B&B, a few local independants, and I'm sure there are others), stores closed because they're about to be demolished in the name of progress (Argos, Ryman), and stores at both ends of the high street suffering loss of footfall thanks to the previous two causes.

At this rate, one end of town (the end that's about to become a massive building site for the next two years) is going to be a ghost town. :/

Gnat · 27-09-2008, 22:39

http://www.weebls-stuff.com/toons/Credit+Crunch/

cheets · 27-09-2008, 23:50

Worry is how these companies "MFI, Rosebys," have been running as a business, I mean have they be running at a loss for years, the whole point of making a profit is to put it away not spend it then say "we need more money"

Mark · 28-09-2008, 00:23

Aye - I know about MFI. I'm surprised they didn't fail a long time ago. Rosebys I didn't know about, though I do at least know our local one is profitable (mainly because the competition is so poor around here).

Knipples · 28-09-2008, 08:18

Someone I know used to work for MFI, he got out 4 years ago because he said it was going to go tits up sooner rather than later. He's amazed they lasted this long because he said while everything seemed fine on the surface, and they'd be perfectly happy to sell you a bed or a kitchen, those that worked for them knew what was happening.

cheets · 28-09-2008, 12:40

Stuff is crap anyway, time you have added all the deals they offer its better to get something well built which will last 3 times longer and looks better.

18-09-2008, 22:15	#112
Haly Do you want to hide in my box? Join Date: Jun 2006 Posts: 14,941	Great news Knip __________________ Halycopter

18-09-2008, 23:40	#113
iCraig iCustom User Title Join Date: Jul 2006 Posts: 2,250	I don't live in credit much, if at all, so I'm yet to be really stung by it. I will though, we all will in one way or another. The banks have felt it with no money to lend any more, which rolls down each tier upon tier until the effects hit many many industries. It's usually the jobs we have that affect us, rather than our living costs. Higher bills and interest rates mean we have to tighten our belts, cut back and sacrafice some luxuries until we can properly afford them. However, when your job is on the line because the company you work for is getting no jobs come in, then the situation goes up several gears. __________________

19-09-2008, 10:07	#114
flump Nice weak cup of Earl Grey Join Date: Sep 2008 Posts: 13	Well, you guys who bought HBOS at the nadir could be trebling your money today! Congrats. Love from Capitalism xxx __________________ Need extra cash? Earn up to £500 per week running premium rate phone lines CALL 0898 111222 for more information

27-09-2008, 22:21	#115
Mark Screaming Orgasm Join Date: Jul 2006 Location: Newbury Posts: 15,194	The number of stores closed/closing/in trouble on the local high street is starting to get a bit scary. We've got the triple threat of credit crunch (Rosebys, Motor World, B&B, a few local independants, and I'm sure there are others), stores closed because they're about to be demolished in the name of progress (Argos, Ryman), and stores at both ends of the high street suffering loss of footfall thanks to the previous two causes. At this rate, one end of town (the end that's about to become a massive building site for the next two years) is going to be a ghost town. :/

27-09-2008, 22:39	#116
Gnat BZZZZZZZZZZZzzzzzzzzzz Join Date: Jun 2008 Location: Manchester Posts: 500	http://www.weebls-stuff.com/toons/Credit+Crunch/

27-09-2008, 23:50	#117
cheets Long Island Iced Tea Join Date: Sep 2008 Posts: 442	Worry is how these companies "MFI, Rosebys," have been running as a business, I mean have they be running at a loss for years, the whole point of making a profit is to put it away not spend it then say "we need more money"

28-09-2008, 00:23	#118
Mark Screaming Orgasm Join Date: Jul 2006 Location: Newbury Posts: 15,194	Aye - I know about MFI. I'm surprised they didn't fail a long time ago. Rosebys I didn't know about, though I do at least know our local one is profitable (mainly because the competition is so poor around here).

28-09-2008, 08:18	#119
Knipples nipples lol (o)(o) Join Date: Apr 2008 Location: Brissle!!! Posts: 4,947	Someone I know used to work for MFI, he got out 4 years ago because he said it was going to go tits up sooner rather than later. He's amazed they lasted this long because he said while everything seemed fine on the surface, and they'd be perfectly happy to sell you a bed or a kitchen, those that worked for them knew what was happening.

28-09-2008, 12:40	#120
cheets Long Island Iced Tea Join Date: Sep 2008 Posts: 442	Stuff is crap anyway, time you have added all the deals they offer its better to get something well built which will last 3 times longer and looks better.