Your Stories
Your Stories - Have You Been Bitten By The Credit Crunch?
January 22, 2008

It looks like Black Monday has given way to an Equally Apocalyptic Tuesday: Record losses in Sydney, Shang Hai & Hong Kong, trading suspended in Delhi, an 147 point nosedive on the FTSE this morning.

£77,000,000,000 wiped off the markets in London. It looks like silly money - but it will hit us all one way or another, if it hasn't yet.

This morning we want to know if you're feeling the pinch already. Have you seen a steep rise in your mortgage payments?  Has your pension taken a knock?

::Check out the latest live market data here

Written by Sky News, January 22, 2008

Comments

The credit crunch does not really affect me if anything i have never been so well off i have been working at home doing Kleeneze and also work a part time job too, if anything i have seen an increase in money i am earning, Thanks to kleeneze i got rid of the credit cards and now me and my family are enjoying the extra income


I paid off my mortgage 10 years ago, threw away my credit cards 8 years ago, and now pay cash for everytning. The current "credit crisis" doesn't impact my lifestyle at all.


Judging by the days market activity, then indeed many a moments "Lost In Thought-Jon Hopkins". Anyway, whats the panic?


As a pensioner on a limited pension I really dont know where its all going to end - The only items that can be can cut back on - are food, entertainment, socialising etc have gone - to expensive!
and the way the price of food is going up - we will all be on a starvation diet!!!!


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