10.09.08
Credit smunch
I’m with Peter Jones on this one - the world has been talked into thinking there is a credit crunch. Is it too much to ask that we have a single day without financial news, maybe tomorrow. All of a sudden everyone in the world is an expert in finance. Just like 5 years ago everyone became an expert in property - haha. Surprise, surprise the buy-to-let market fell apart, who would have thought? And after years of record profits and bonuses in the City, the bottom has fallen out of the market. Just like the dot-com boom.
I have already started speculating what the next ‘big thing’ will be only to bring the market to it’s knees again in 2015.
Guy said,
October 10, 2008 at 9:55 am
Comments weren’t working for a while - might have something to do with the endless spam I seem to be receiving. Hopefully it’s all working again.