Friday, 4 April 2008

Negative Equity? Well yes, of course!

At last things are getting through to the media - it must be 15 months since we said the crash of '89 was here again, and now the Daily Mail have picked up on it, and BBC Tv & Radio News too

Vince Cable was spot on all those months ago, and he is again today - The IMF International Monetary Fund says there is a 25% chance of a world recession - pah! Get real you people, it is here, up on us, right now

So Co-operative Bank has joined First Direct in closing doors to new customers and others have followed suit - silly really because it should be a restriction on re-mortgages if they want to trade out of the situation, maybe we should tell Darlin Gofor Gordon what he is missing, the fool


No comments: