TerryMcCann Posted September 30, 2008 Share Posted September 30, 2008 How safe are the Bankx here, RBS are having a bad time. http://news.scotsman.com/uk/RBS--shares-pl...t-as.4539882.jp They are fine. The UK Gov will bail any bank out that gets into terminal trouble* *until the Government itself runs out of money and gets taken over by the Germans Link to comment Share on other sites More sharing options...
ai_Droid Posted September 30, 2008 Share Posted September 30, 2008 *until the Government itself runs out of money and gets taken over by China Fixed your post Link to comment Share on other sites More sharing options...
Port Erin Posted October 12, 2008 Author Share Posted October 12, 2008 This is just the start of things to come, and it makes me laugh to think that so many people are under the illusion that the IoM is immune from the world's problems and we'll all be fine here. The overpriced coffee shops and sandwich shops will be hit next, followed by pubs and restaurants...they will all fall like dominoes and 2009 will be interesting over here. It probably won't be such a bad thing, if it shakes this Island up from its complacent slumber. Quoted once again for truth. Link to comment Share on other sites More sharing options...
Slim Posted October 12, 2008 Share Posted October 12, 2008 Quoted once again for truth. Why are you so delighted? Link to comment Share on other sites More sharing options...
oldmanxfella Posted October 12, 2008 Share Posted October 12, 2008 Quoted once again for truth. Why are you so delighted? I've heard that quite a lot this week. Its usually said by some numpty government worker who thinks that they will be totally immune from what will happen if the finance sector contracts massively. It won't be the case. Link to comment Share on other sites More sharing options...
Gladys Posted October 12, 2008 Share Posted October 12, 2008 Some people just rub their hands in glee when others have hit, or are vulnerable to, hard times, others take the time to think about how the ramifications could extend to everyone here and try to approach matters constructively and supportively. Like it or lump it, the finance sector has contributed to the overall wealth of the island considerably; without it, there was a danger the island would dwindle and wither on the vine. What is the alternative? Link to comment Share on other sites More sharing options...
oldmanxfella Posted October 12, 2008 Share Posted October 12, 2008 Like it or lump it, the finance sector has contributed to the overall wealth of the island considerably; without it, there was a danger the island would dwindle and wither on the vine. What is the alternative? The knock on would be huge. Imagine telling the DOT that they can't spend £1.25m building stupid useless roundabouts at Governors Hill, or the DTL that they can't piss away a load of money just being rubbish and bringing no tourists in. Stopping the orgy of wasted cash on vanity projects will be a serious blow to some peoples' self esteem. Link to comment Share on other sites More sharing options...
thebees Posted October 12, 2008 Share Posted October 12, 2008 Stopping the orgy of wasted cash on vanity projects will be a serious blow to some peoples' self esteem. Yeah, thats about it really. It had to stop Link to comment Share on other sites More sharing options...
VinnieK Posted October 12, 2008 Share Posted October 12, 2008 The overpriced coffee shops and sandwich shops will be hit next, followed by pubs and restaurants...they will all fall like dominoes and 2009 will be interesting over here. Aye, let's all rejoice at the prospect of the Island morphing back into the kind of drab hole where the only places to go are a couple of run down cafés and a myriad of grimy pubs and where the only entertainment consists of cultivating a drinking problem and listening to gloating old ballbags endlessly recounting how they said this would happen. Perhaps if we're really lucky all the big shops will also leave, thus freeing up space in which our once cherished manky little emporiums of tat and shit can again thrive. Link to comment Share on other sites More sharing options...
bluemonday Posted October 12, 2008 Share Posted October 12, 2008 Plus ça change, plus c'est la même chose Link to comment Share on other sites More sharing options...
pongo Posted October 12, 2008 Share Posted October 12, 2008 Like it or lump it, the finance sector has contributed to the overall wealth of the island considerably; without it, there was a danger the island would dwindle and wither on the vine. The business and finance sector is not only about taking deposits. What is the alternative? I am not suggesting that this is an alternative as such - rather another possibility. Open a stock exchange ? Link to comment Share on other sites More sharing options...
Albert Tatlock Posted October 12, 2008 Share Posted October 12, 2008 Things starting to look a little more positive after weekend events (G7, G20, Australia etc.). Australian/NZ markets starting to rise - let's hope it's a good omen for the other markets today, and that those waiting for the low, start moving in and buying all week. Link to comment Share on other sites More sharing options...
Snaipyr Posted October 13, 2008 Share Posted October 13, 2008 The overpriced coffee shops and sandwich shops will be hit next, followed by pubs and restaurants...they will all fall like dominoes and 2009 will be interesting over here. Aye, let's all rejoice at the prospect of the Island morphing back into the kind of drab hole where the only places to go are a couple of run down cafés and a myriad of grimy pubs and where the only entertainment consists of cultivating a drinking problem and listening to gloating old ballbags endlessly recounting how they said this would happen. Perhaps if we're really lucky all the big shops will also leave, thus freeing up space in which our once cherished manky little emporiums of tat and shit can again thrive. I have much happier memories of the old IOM than that Vinnie - but then I don't care much for the global shopping experience, Bistro-style cafes charging stupid prices for cups of coffee, genuine boozers turned into glorified wine bars, and gloating young financiers with loud, self-important attitudes lording it in the few real pubs that are left. Link to comment Share on other sites More sharing options...
Max Power Posted October 13, 2008 Share Posted October 13, 2008 Like it or lump it, the finance sector has contributed to the overall wealth of the island considerably; without it, there was a danger the island would dwindle and wither on the vine. What is the alternative? The knock on would be huge. Imagine telling the DOT that they can't spend £1.25m building stupid useless roundabouts at Governors Hill, or the DTL that they can't piss away a load of money just being rubbish and bringing no tourists in. Stopping the orgy of wasted cash on vanity projects will be a serious blow to some peoples' self esteem. Yes, imagine the unemployment levels in government departments and the knock on effect on the service and retail industries! I know they can be the butt of a joke but the government employ an enourmous number of people of all ages and abilities. Link to comment Share on other sites More sharing options...
Declan Posted October 13, 2008 Share Posted October 13, 2008 I know they can be the butt of a joke but the government employ an enourmous number of people of all ages and abilities. And that just in the COMIN Link to comment Share on other sites More sharing options...
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