what happened in 2009?
Discussion
just had dinner with a prof of economics who informs me "greece WILL default their loan repayments.
the banks are not as vulnerable this time as per the subprime choas, but things are going to get rough."
He is predicting a double dip recession, due to the problems in the eurozone.
did lambo prices crash in 09? are you guys worried re your residuals?
the banks are not as vulnerable this time as per the subprime choas, but things are going to get rough."
He is predicting a double dip recession, due to the problems in the eurozone.
did lambo prices crash in 09? are you guys worried re your residuals?
70proof said:
just had dinner with a prof of economics who informs me "greece WILL default their loan repayments.
the banks are not as vulnerable this time as per the subprime choas, but things are going to get rough."
He is predicting a double dip recession, due to the problems in the eurozone.
This isn't really news or some big secret. The big banks have said there is just a 5% chance Greece won't default - so it is all priced in to the markets now anyway. And as you say, the banks balance sheets are stronger than before so we won't see a 2007 repeat anyway.the banks are not as vulnerable this time as per the subprime choas, but things are going to get rough."
He is predicting a double dip recession, due to the problems in the eurozone.
A car isn't an "investment" so I doubt anyone is that concerned about residuals as they are only going one way anyway - down.
Just buy one already and stop worrying!
Life's far too short to constantly worry about 'what if' all the time. I was diagnosed with Cancer a couple of years ago so bought a Diablo and life's never been so much fun! So what if you lose a bit of money, you come with nothing and go with nothing, the important thing is what you do whilst you're here!
What with you and Rocco, JFDI... :-)
What with you and Rocco, JFDI... :-)
ked!Drclarke said:
I am gadgetaphobic!
At least you bought an iPad - 70proof and Rocco would still be debating on whether or not to buy an iPad 1 when the iPad 10 is released, blaming tidal erosion, fluctuating global yoghurt prices on their indecision....Edited by ahaughton on Sunday 25th September 20:42
DayTrader said:
This isn't really news or some big secret. The big banks have said there is just a 5% chance Greece won't default - so it is all priced in to the markets now anyway. And as you say, the banks balance sheets are stronger than before so we won't see a 2007 repeat anyway.!
not going to stop me btw.... as one of the other posters said, life's too short.....
ahaughton said:
At least you bought an iPad - 70proof and Rocco would still be debating on whether or not to buy an iPad 1 when the iPad 10 is released, blaming tidal erosion, fluctuating global yoghurt prices on their indecision....
roflmao.....ps don;t like the ipad/tablet, so i won;t be getting one ever....
70proof said:
just had dinner with a prof of economics who informs me "greece WILL default their loan repayments.
the banks are not as vulnerable this time as per the subprime choas, but things are going to get rough."
He is predicting a double dip recession, due to the problems in the eurozone.
did lambo prices crash in 09? are you guys worried re your residuals?
I missed out on a 05 Gallardo with 11k miles in Jan 2010 at 61k - they have been 10-15 percent higher over the past year and a half - so yes it did affect ptices. I guess we will see what happens this time roundthe banks are not as vulnerable this time as per the subprime choas, but things are going to get rough."
He is predicting a double dip recession, due to the problems in the eurozone.
did lambo prices crash in 09? are you guys worried re your residuals?
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