Credit crisis also hits Japan hard...

[graham31]

i'm no expert but things have been spiraling out of control for long enough.It was only a matter of time before the correction started and reality hit home.

But that doesn't help guys like us lot

 

[White Room]

The banks were lending far to much money to people who could struggle to pay back, The lenders were getting big bonuses, The estate agents were pushing the house prices up and were involved with the financial houses, Credit cards were so easy to get and dept was just around the corner. Exactly what happened in the late eighties/early ninties, I went bankcrupt, Had no choice but learnt by it, If I can't afford it I do without

 

[graham31]

If I can't afford it I do without

Been my philosophy all my life.SAVE SAVE and SAVE again till you can afford it