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Might as well tell stuart to delete all the non heli related topics he has on the site then huh? Now dont you think it gets boring talking helis all the time? As i said i gave up stuff to do this hobby but if i were to talk about it on here every day and nothing else then i dare say id loose intrest. The reason this forum is so bloody popular is not only because we talk helis (and give great help/advice) but that we also talk about other stuff and have great banter. You assumed i had plenty of dosh (spare cash lying around as you put it) so had nothing to worry about so to speak. Only reason i can assume that you done that is because you seen i had a few nice helis in my signature. In fact you were totaly wrong. I took this as a personal attack because you quite simply quoted me mate. I took the bit about the mp as a laugh to be honest though. Hey maybe you just worded it wrong. Its just as you can see others agree with me. Anyways doesnt matter now, think i got my point across. Dont look at this in the wrong way but just letting you know how i feel thats all.
Cheers
Lee
Might as well tell stuart to delete all the non heli related topics he has on the site then huh? Now dont you think it gets boring talking helis all the time? As i said i gave up stuff to do this hobby but if i were to talk about it on here every day and nothing else then i dare say id loose intrest. The reason this forum is so bloody popular is not only because we talk helis (and give great help/advice) but that we also talk about other stuff and have great banter. You assumed i had plenty of dosh (spare cash lying around as you put it) so had nothing to worry about so to speak. Only reason i can assume that you done that is because you seen i had a few nice helis in my signature. In fact you were totaly wrong. I took this as a personal attack because you quite simply quoted me mate. I took the bit about the mp as a laugh to be honest though. Hey maybe you just worded it wrong. Its just as you can see others agree with me. Anyways doesnt matter now, think i got my point across. Dont look at this in the wrong way but just letting you know how i feel thats all.
Cheers
Lee
Dont worry dude I'm not easily offended, to be honest mate the second half of that particular post wasnt aimed at you at all it was a general comment that;
none of us really have anything to complain about.
Do we all need several helis?..No. Could we make do with just one if the sh** hit the fan? Of course we could. The part about 'write to your mp' was a reply to your 'sounds like you got a plan' bit. I do have several helis myself.
Personally I never get bored of helis, spose I'm more of a single minded hardcore heli nut than others and that probably makes me a bore. It helps me take my mind off lifes worries, I dont know where I'd be without them. Guess I should try broaden my horizons and talk about other things, maybe I'd be more popular then?? Or would I be missunderstood and hated??
As it happens you and I have something other than helis in common in djing and motorcycles.
I just cant see how the companies who are putting prices up are going to get sales in the new year.
High street stores are slashing prices to lure customers who will all be gone in two weeks time.
Fuel is coming down,utility bills are going to come down,you name it on the high street is coming down from CD`s to Beds,from anything electrical to home improvement stuff.
If the RC industry can get away with putting prices UP and still get custom then good luck to them.
I am hoarding every penny i can and taking no chances you only need to watch the news to see how dire it is all over the world and an economist on Sky news reckons we aint even started yet.
Well at least we have Gordon Brown at the Helm
Everyone just needs to ride the rough times out as best they can and it will all come good again.
The world economy is grinding to a halt and going backwards in some cases, because the banks as mentioned have lost the confidence to lend. I'll rephrase that, its not the confidence as much but in essence they can't tell what's a good risk any longer. 10 years corporate banking taught me the truth about the banking system, its never about the customer or taking any risks. Its about making the profit with the least possible risk and if in doubt walking away or take charges over other assets to bolster a deal to make it as near zero risk as possible.
Its a complete vicious circle, because they won't lend then business's suffer, then the staff its a complete domino effect right down supply the line. The won't lend in car dealerships customers, I'd hate to be sitting at some of the major contract hire companies who wrote residual values for vehicles over the last 8mths and probably for the next 2 years or so they will have big losses due to RV's being so way off I wouldn't be surprised as many are owned by bank's and alike that more wholes in the banking system will appear. But until they start to let the money flow the economy will continue to shrink. As costs go up those business's with less sales have to put thier prices up to cover thier costs while they at the sametime attempt to streamline thier costs usually starting with the head count.
The only possible way to stop it in my view is to nationalise one of them and use this vehicle for the small firm's loans guarantee scheme and other business scheme's as well as general public funding tools. Once the other banks see thier book's dropping off then they will have no choice but to lend to stay alive.
Failing that take LIBOR off them, centralise the treasury dept's for all banks into BOE and let BOE have control of thier lending backed by the states. I don't necessarily want to see any business goto the wall bank's or not, but the fact remain's that a handful of chiefs run the economy worldwide not Mr Darling and his associates. They keep having lunch's and are constantly being brought into no.11 for a frank discussion but bugger all changes.
They will only re-act accordingly if they feel thier actual existance could be truely undermined, putting the wolf amoungst the sheep will soon see a change in behaviour.
The LTV has shifted due to the market values dropping and potentially the customer could end up on negative equity against thier borrowings. Based on a situation created by the banks but yet joe bloggs I bet if fail's to cough up a small bit of terms and condition's = loss of house.
If your mortgage was written in such as way that if the rate went up or down your monthly payment stayed the same, yet the term would move up and down. How many would take that mortgage over the one above its the ability to pay that should be the underlying consideration not the property equity.
When you buy shares and you fully understand that the price goes up and down and you run that risk that you may not score in the short term and will have to take a long term view this will be exactly what your bank tell's you when you go to buy any shares. Why can they never practice what they preach. No difference between shares and any other commodity from cars, housing, oil, gas you name it.
The telling fact that I saw on the news was the so-called "funding gap". About 10 years ago, the banks only lent the money they had so there was no funding gap. It was reported that they now have lent £600 million more than they have!
I guess this is an oversimplification but it seems to me that banks used to be trusted to be stable and sensible (think Captain Mainwaring from Dad's Army!) but now are run by a load of greedy suits.
Of course, the ironic thing is that even if we don't have our own portfolio, we all have a major interest in the stock market as most pension and insurance schemes are major shareholders so a drop in the market has a big effect.
One question, probably naive, that Stuart may be able to answer with his background... It's been reported that the government has borrowed billions to bail out the banks... WHO HAVE THEY BORROWED IT FROM?
Blade 400 / DX6i / Phoenix / Blade CX2 / mCX / MSR Proud Owner of 2 Eddie Gold stars
The BOE (Bank of England) is responsible for the state funds. In essence the country's bank balance is looked after by them.
If we are in deficit i.e. overdrawn which I believe as a nation we are, then in goverment at somepoint has to bring this balance back into line. Using taxes and less public spending. Now at some point our asset's as a nation being it property, land, reciepts for tax etc has a threshold point that as the bank of england it has to say we are getting way out of control.
However, if we get into serious trouble then the IMF (International Monetary Fund) can assist in countries with loans and bailouts. At the end of the day we pay of it, be it this generation or decades to come.
Running the countries finances will be no different to any business you have incomings and outgiongs and the difference is the surplus or loss.
The problem we have is that those that make the ultimate decision have most probably never rang businesses on a large scale i.e. IBM or alike or fully understand such a complicated beast where you have state benefit's pushing money out based on so many different criteria's as well as the NHS plus the rest and only income recievables I bet from amount half the stream's sending it out.
well all i have to say is you got to shop around, i have to, every thing i buy mainly in the uk , im in euro land here & by the time the exchange rate is done it can realy add a lot more to the cost then add post cost then paypall , so i no what its like , its a little better now for reasons we all no but if prices are going up 20% more i may have to look around again . don't worry we are in the shit here as well
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