Credit Crunch

[Dour]

reckon therell be a few more going out of business soon

I don't think it's any coincidence that whenever the BBC does a report on retailer gloom it's filmed outside Debenhams.

And no chance of a refund until the 29th - a Debenham's present is not just for Christmas...

 

[Steven]

reckon therell be a few more going out of business soon

UK childrenswear retailer Adams is the latest chain store to apply to go into administration, the BBC has learned. :icon_conf

 

[FIF]

Capitalism involves failures, competition is about staying about staying at the top. It's a little like natural selection and evolution.

 

[Melton Fox]

Capitalism involves failures, competition is about staying about staying at the top. It's a little like natural selection and evolution.

Exactly.

During good times, anybody can make money. During the bad times, only the better ones can make money.

It's a natural selection, it's healthy and rewards the good.

 

[FIF]

Exactly.

During good times, anybody can make money. During the bad times, only the better ones can make money.

It's a natural selection, it's healthy and rewards the good.

Precisely, gets rid of the inefficient/inadequate and allows the growth of the strong/clever.

This is good for economies and society as a whole even if there is pain for certain individuals.

 

[Cate Fox]

Precisely, gets rid of the inefficient/inadequate and allows the growth of the strong/clever.

This is good for economies and society as a whole even if there is pain for certain individuals.

sounds like it could be pain for a few thousand individuals who will lose their jobs though

I'm glad to be working at a company that is doing relatively well at the moment, with a full healthy order book for the first 6 months of next year so far...

 

[Feriol]

sounds like it could be pain for a few thousand individuals who will lose their jobs though

I'm glad to be working at a company that is doing relatively well at the moment, with a full healthy order book for the first 6 months of next year so far...

Assuming your company gets paid for those orders!

 

[Cate Fox]

Assuming your company gets paid for those orders!

Will hope so :icon_bigg

 

[Darth Vodka]

Will hope so :icon_bigg

order book:

10,000 from Woolworths
20,000 from Adams
15,000 from MFI

cheques secured by Lehman Brothers

 

[newtonfox]

They are saying (sky news)1600 jobs will be lost each day in the new year :icon_cry:

good luck everyone!!!!!!

 

[newtonfox]

They are saying (sky news)1600 jobs will be lost each day in the new year :icon_cry:

good luck everyone!!!!!!

from the bbc http://news.bbc.co.uk/1/hi/uk/7802461.stm

 

[Darth Vodka]

Lloyds TSB will sack 30,000 branch staff once we have incorporated HBOS

Q3 is the talk...

 

[newtonfox]

http://news.bbc.co.uk/1/hi/business/7799886.stm

 

[Boy Genius]

They are saying (sky news)1600 jobs will be lost each day in the new year :icon_cry:

good luck everyone!!!!!!

It will not affect you though Newts, you don't work!

 

[enderby fox]

Now is the time to become a pimp.

Find a nice looking women that is in financial trouble and willing to have a fiddle with Big Jim and the twins for a tenner a time you can be the marketing manager for her and bob's ya uncle.

Happy days

 

[spionfox]

Now is the time to become a pimp.

Nice idea but where are you going to get the money for the bling and the blacked out windows Cadillac that you need to go with it?

 

[newtonfox]

It will not affect you though Newts, you don't work!

As that may be but i do more hour unpaid work now than i have ever done.

ive got new pain control which helps im also going back into coaching a bit more than just ibstock.

i hope after my level3 that i can move on a bit with my life.

 

[enderby fox]

Nice idea but where are you going to get the money for the bling and the blacked out windows Cadillac that you need to go with it?

I already have them! i even have a cane!

 

[enderby fox]

As that may be but i do more hour unpaid work now than i have ever done.

ive got new pain control which helps im also going back into coaching a bit more than just ibstock.

i hope after my level3 that i can move on a bit with my life.

do ya wanna coach my bunch of layabouts. can't offer any payment other than a chip butty and a game of chase the ace down the pub after?

 

[newtonfox]

do ya wanna coach my bunch of layabouts. can't offer any payment other than a chip butty and a game of chase the ace down the pub after?

What age group and how meny???