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| | |-+  Recession beginning to bite		 « previous next »
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Topic: Recession beginning to bite  (Read 101 times)
Argie
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« on: October 10, 2008, 04:42:12 AM »
Reports on the BBC at the moment of some serious falls across the world's stock markets - apparrently Singapore has now fallen into official recession, the nikkei doesn't look healthy at all even compared to the current general atmosphere  gif

Yahoo is a good site to keep an eye on markets around the world:

3 month chart for the FTSE 100
Longer time period, more markets

Here's a GDP graph:

http://www.tradingeconomics.com/Economics/GDP-Growth.aspx?Symbol=GBP

Unemployment:

http://www.tradingeconomics.com/Economics/Unemployment-rate.aspx?Symbol=GBP


Worrying for those with pensions, savings or investments of any kind. Or anything connected to the global economy really. Good luck folks.
« Last Edit: November 12, 2008, 10:21:26 PM by Argie » Logged
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Argie
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« Reply #1 on: October 10, 2008, 04:54:05 AM »
Clerics in Teheran have proclaimed that they are very happy that America is in trouble - "God is punishing them". Whoa slow down boys, this is heading toward a real global recession & it's going to affect you too  gif
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cas
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samhain light and blessings
« Reply #2 on: October 10, 2008, 06:53:09 AM »
its scarey times looks like its going to be a rough ride for all
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Trinity
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« Reply #3 on: October 10, 2008, 01:14:47 PM »
Optimisum is a good thing to try and hold on to folks... gif
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Argie
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« Reply #4 on: October 10, 2008, 04:58:17 PM »
I believe the post office are offering 100% protected accounts backed by the irish government  gif
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teddy
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« Reply #5 on: October 10, 2008, 05:01:11 PM »
Every penny counts here at the moment  gif I miss clothes shopping  gif
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cas
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samhain light and blessings
« Reply #6 on: October 10, 2008, 05:05:03 PM »
Quote from: teddy on October 10, 2008, 05:01:11 PM
Every penny counts here at the moment  gif I miss clothes shopping  gif

me too peps but my kids opening their presents will be worth the denial Smiley
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jack99
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« Reply #7 on: October 10, 2008, 05:06:44 PM »
We're wanting to cash an isa in but it's lost a lot of value recently. Worth less than we put into it  gif

Hoping it might have picked up by Christmas gif
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teddy
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« Reply #8 on: October 10, 2008, 05:09:50 PM »
Quote from: jack99 on October 10, 2008, 05:06:44 PM
We're wanting to cash an isa in but it's lost a lot of value recently. Worth less than we put into it  gif

Hoping it might have picked up by Christmas gif

Id wait jack..........................one of the main reasons for the banks going boobies up is people get a sniff at trouble and withdraw thier savings.
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teddy
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« Reply #9 on: October 10, 2008, 05:10:43 PM »
Quote from: cas on October 10, 2008, 05:05:03 PM
Quote from: teddy on October 10, 2008, 05:01:11 PM
Every penny counts here at the moment  gif I miss clothes shopping  gif

me too peps but my kids opening their presents will be worth the denial Smiley

True Cas ........thankfully Ive got most of the kids presents sorted gif
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cas
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samhain light and blessings
« Reply #10 on: October 10, 2008, 05:13:12 PM »
haha  gif called you peps  gif
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Argie
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« Reply #11 on: October 10, 2008, 05:20:57 PM »
Quote
Id wait jack..........................one of the main reasons for the banks going boobies up is people get a sniff at trouble and withdraw thier savings.

think that sort of thing was what caused the near vertical drop in the FTSE last night too.. OMG SELL SELL SELL

seems to have gone a little more stable throughout today
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jack99
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« Reply #12 on: October 10, 2008, 05:26:50 PM »
Quote from: teddy on October 10, 2008, 05:09:50 PM
Quote from: jack99 on October 10, 2008, 05:06:44 PM
We're wanting to cash an isa in but it's lost a lot of value recently. Worth less than we put into it  gif

Hoping it might have picked up by Christmas gif

Id wait jack..........................one of the main reasons for the banks going boobies up is people get a sniff at trouble and withdraw thier savings.

We're going to wait and hopefully see it improve gif
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teddy
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« Reply #13 on: October 10, 2008, 05:29:07 PM »
Quote from: cas on October 10, 2008, 05:13:12 PM
haha  gif called you peps  gif

Lol I never even noticed Cas...........its okay ive been called worse 
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Argie
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« Reply #14 on: October 13, 2008, 12:29:23 PM »
Something in the papers today about RBS and another being nationalised

I guess that's good news for folks with savings in those banks.
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