BLUEMOMENT

Shard wrote:Um, seven for effort, I'd say....

erm ... then there's the Millinium Development Goals ..

Alcyone wrote:To me, one of the best things about being on a boat is it gets you away from all of this. ...... snip..... Yes, even the simple pleasures of boating are, to a greater or lesser extent, affected by the banks ... snip..

I was going to fund my new boat with some shares I recieved through a "share save" scheme a few years ago. The £10,500 pot is now £8200 and there is no way I'm selling at the current price, the boat will wait a while. They will probably drop still further but it's only a loss if I sell. come to that, if I remember they only cost £4500 so I'm still ahead, but not as much as I was.

ive always thought banks should be limited to lending no more than say 23 times for each pound they hold.

If a bank uses dirivities it should be called a casino

Shares have in some cases fallen below there value looked at in classic pe terms but perhaps the outlooks bad??.Credit spending had got out of hand in the UK

Sadly it will be the shopkeeper, furniture maker, employee that will loose in the long run banks will re invent themselves and the cycle begin again As somone posted earlier theres more troubles ahead indeed who would want to pay for a house worth less than then debt

Rule are needed rules should be regulated.The UK wanted to regulate but the finance sector dident want it who would have.

When theres been no money for education or the forign office where has all the money come from now?How will the debt be paid?

I wonder if port prices will be reduced??Perhaps the places cleared to provide mooring for 20m boats will be re allocated for more humble boats?