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Old 20-02-2008, 08:04   #40
entwisi
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Re: Northern Rock Nationalised!

Quote:
Originally Posted by Acrylic-bob View Post
BBC NEWS | Business | Barclays profits slip to £7.08bn

Does this sound like good news??????
Dammed if we do dammed if we don't

I recall last time Barclays profits were announced and we( I work for them ) were roundly slated for making such obscene amounts of money. Now we don't and suddenly it's repossesion city!

IMHO we aren't heading for recession but I do think that house prices are looking a bit too high. now as they fall we all start shouting negative equity but that only affects those who have to sell/move or those who borrowed beyond their means in teh first place.
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