Re: Maxwell House!! Anyone know what's happened


"DB" <forDr.doughnut@xxxxxxxxxxxxxxxxxxxxxx> wrote in message
news:mq1lr3p0ftorqm440fqkovl0uk6ruk4il1@xxxxxxxxxx
On Mon, 18 Feb 2008 21:00:54 -0600, "Alfred Packer"
<AlfredPacker@xxxxxxxxxxxx> wrote:


"DB" <forDr.doughnut@xxxxxxxxxxxxxxxxxxxxxx> wrote in message
news:bt4jr35s5iqv237mv3uuq6nng9f25kkr5g@xxxxxxxxxx
Maxwell House! What's happened? None to be seen in the supermarkets up
here.

DG

well there was the usual 100 or so bags in the drawers at work today and
the
factory is still standing downtown, but I suppose none of that is relevant
to your predicament 7000 miles away ;-)

Al

Well Al ! We do live in a Global Village and a Global Market to boot!!!
Sub-Primes Market started in the USofA and it has wrecked one bank
its investors a chancellor of the exchequer plus a governments reputation
for economic management. The bale out and nationalization will cost the
tax
payer for years to come.

God only knows what the apparent shortage of maxwell house has to tell us.

I dread to think.

DG

PS. I knew there was something odd about the buy one get one free offer!

Was the PS about mortgages or coffee ;-)

The sub prime mess may have started in the US however there's somethimg
wrong in the UK housing market where a house half the size of mine is
selling in Cumbria for three to four times what mine is worth. That is just
the same problem as in California and other parts of the US, a housing
bubble where the price far out strips the actual value of the house. When
the bubble bursts and the market cools all of a sudden the bank is holding a
mortgage for three hundred thousand quid on a property that won't sell for
anything near that price. Average price of a house around here is $65 a
square foot. If you want all the deluxe options like granite counter tops
etc you'll pay more.

Al - mortgage free home owner


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