Credit Crunch/Deflation/Inflation/Recession rant

Just to clarify, if it sounds like I am having a go at people who have lost their jobs, I am really not - you guys are absolutely right to be talking about it, it must be awful. I very much aim my rant at the media.

L
xx

Aaand breathe.

Amen to that. Lois - you should start reading the FT. They report on this stuff but at least with some sort of measured approach that isn't forecasting the apocalypse.

Otherwise, it's Take a Break for you ?

The only things i'm bothered about atm are the November RPI (as that dictates our wage rise next year) and the £ against the $.

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Totally feel the same as im sick of everything being negative they never report anything good anymore.

Just when im getting happy that my mortgage has gone down due to getting a better rate at last!!!And intrest drops and pertol and food going down slightly.Just when im starting to not worry so much about where im going to find the spare cash for my kids xmas pressies they start on about other things.

They never show the positives.I am worried about people losing there jobs and or houses and we all know whats going on but sometimes i just want to scream!!!!!

I'll bet take a Break isn't safe. 'How the credit crunch ruined my long distance love'. Read Pauline's story of how she could no longer pay for regular flights to visit the love of her life, Stavros, after the collapse of XL airways. Will true love conquer all?

L
xx

Totally with you on this and it's really dragged me down. I'm now in a right state, when actually this happens to us all the time being self employed but this time I'm convinced we are about to lose everything and the world will end. I do wish there was some cheery news around.

I am sick of it as well

if everyone is so hard up why cant i park my car anytime on a sat or sunday at the local retail park and when i get a space i have to queue for ages to pay for anything i am buying and its not even Dec yet so i cant blame it on xmas madness at all

I have given up watching GMTV and programmes like that as its all doom and gloom , why cant they just let people get on with it

Or "How the Gorvernment is responsible for our growing family" - mum of 7 children tells her story as to how they couldn't afford anythink due to credit crunch innit and the only thing they could find to do was have sex - we couldn't even afford condoms!

Quite. Every bad day for sales and I get convinced it's the 'economic downturn' at work and plan my new cardboard box lifestyle. And then the next day is up again.

L
xx

Don't mind it so much but the radio phone-ins do irritate me. I've had to avoid them since one I heard after the base rate cut during the whole "will the banks pass it on?" debate. There seemed to be this staggering general conclusion that banks were evil because they wouldn't just release people from their fixed rate mortgage deals. Read the small print people!

As someone being made redundant I have to admit to being fed up with hearing about it all! When I am already feeling crappy about finding another job, money etc, the last thing you need is some GMTV reporter making sure they hammer home that we are all going to the dogs and will be starving and freezing because we can't afford to eat / heat our homes by January.

It is the sensationalism of it all that bothers me.

It makes good news I guess. This 'credit crunch' (which to me sounds like a breakfast cereal) is so media driven it's untrue. It's quite grating to know that in part my job loss is down the fact inciting panic in the general population sells papers.

There was, Brand and Ross. I'm sure it only became such a big story out of sheer desperation for something different to seize on (on behalf of both the media and the public).

? [crying]

And now it's strictly come dancing - like anyone really cares. They wouldn't shut up about it on the beeb this morning.

Unfortunately the recession is very real and will be on the news for a long time to come.

To add my rant - how come several people lose their jobs over a radio prank, yet no-one significant has done so over Baby P - where a horrific death was involved?

And the credit crisis in my opinion has been caused by the media - a self-fulfilling prophecy if ever I saw one.

Gah!

I too am sick of it. its the language the media uses. "meltdown", "crash", "disaster", "jobs SLASHED" etc. one headline leads to another.

i particularly liked the headlines when the shell distribution guys went on strike - DM headline "WE'RE RUNNING DRY AT THE PUMPS", front page. it only affected one in ten petrol stations anyway. however, a proportion of joe public knobhead seemed to panic, went to fill up, hence huge queues at petrol stations, thereby giving another headline with a convenient shot of....huge queues.

Read today that the doctor who didnt see the poor boy had a broken spine was sacked over it.Good to hear in a way i think???If you get me???

Also good news-i think-Banks are lending again as mortgages are on the rise.Good to hear something positive??

I knew the doctor had been sacked (and agree that it is a good thing - if you cant examine a cranky child, how will you EVER find injury - not many injured children would be happy and smiley I wouldn't have thought), but what about all the other people involved (he was seen 60 times wasn't he?) who allowed him back to his family and thus to have the broken spine in the first place. Not to mention the fact that it was haringey council who, after the Climbie case, REALLY should have known better.

The head of radio 2 resigned over the prank, yet the head of haringey council was bleating yesterday about being heckled when trying to apologise publicly. Why is he still in office? Lessons have obviously not been learned, and he (and probably several others) should take the rap for that.

Mind you, this is sadly only one case of many - most of which go unreported by the media.

Good about the mortgages though - our fixed rate is about to end, and we were expecting (at the time we took out the mortgage) that our payments would increase when the fixed rate ended. We also thought that you'd be mad to go on the standard variable rate, yet that is exactly what we're doing!