Crunch if/when?
Author
Discussion

edb49

Original Poster:

1,652 posts

235 months

Saturday 15th December 2007
quotequote all
Can't help but thinking it's all going belly-up at the moment. So much bad news in terms of inflation, central banks playing the political game. The vibe I'm getting is we're just holding off a crunch for longer and longer, so when it comes it's REALLY big.

mogul

15,399 posts

280 months

Saturday 15th December 2007
quotequote all
edb49 said:
Can't help but thinking it's all going belly-up at the moment. So much bad news in terms of inflation, central banks playing the political game. The vibe I'm getting is we're just holding off a crunch for longer and longer, so when it comes it's REALLY big.
I'm not sure you're wrong, but why worry about something that may not happen for a long time?

Also, do recession's happen because people convince themselves they will scratchchin

And as a footnote I think personally the world has far bigger problems than a possible financial crunch.

:doom::gloom:

Sam_68

9,939 posts

275 months

Saturday 15th December 2007
quotequote all
In terms of the housing market, I can tell you that it has just arrived. wink