Edible hats at the ready guys...

Again?????

 

Electronically timed at 133 when they first came out. OK, so not a true
135, but pretty good nonetheless.

 

*Waves*

Which local paper is this bike in????

 

Now that is the sort of bloody stupid useless motorcycle bet that
deserves applause.

Yours truly, amused and impressed.

 

The Older Gentleman fascinated us all by saying...

It was in Bedfordshire On Sunday. I dunno if we have the copy kicking
around now. You've been gone a while, it's prolly sold now.

 

What - the middle of summer, during a credit led [1] consumer boom?
I'd say it was a perfect time to sell a bike.

This is more likely due to the fact the potential market for Morini 3
1/2 owners is very small. Well, you and Weggy, basically.

[1] There's gonna be one hell of a crash round the corner, I reckon.
It all feels very 1988 right now...

 

Not while interest rates are so low. They're going to have to stay low
to stimulate the economy, so things will be fine. For a while.

 

This is true, but it's only one part of the economy. We are at full
employment, apart from me and Bear, we have low interest rates, low
inflation, a low tax take, everyone has equity in their property, and
it's sunny.

I imagine that there's always a seasonal dip, as people take their money
on holiday.

 

....and accountants, auditors, service managers, "process" people..

"Come the revolution....."

 

Champ said:

I would say it's picking up - I just finished one job last Friday, and
started in a new one on Monday... Took me about 4 applications to find
this one (say 20 minutes looking for work). That's not too fucked in my
book.

 

You all wear sheets and scary masks, and jump out on each other going
"Wooooooo!"?

 

I don't know. I've always fancied one. Well since a mate
of mine had one when we were about 18 (Nigel- chap who was
in the next garage to us at Snetterton).

I've been saying that for an age too. Also the whole
property price thing. Hope you're wrong.

 

petrolcan wibbled ...

I said *decent* bike.[/QUOTE]

Picky bastard

Well, that's the intention. I have this vision of you binning it yet
it still running afterwards(1)

(1) If it still runs we'll sell it to my thicko brother for twice the
purchase price, he'll never know

 

The Older Gentleman was seen penning the following ode to ... whatever:

Not only to new bikes sales - a few dealers I've been speaking to
mentioned that they have to lower prices considerably for bikes like
classic BMWs just in order to shift them at all. Looks like people
will still buy if the price is low enough but the residual values went
down the pan.

 

was seen penning the following ode to ... whatever:

The market for Morinis was generally smallish but as you say, there's
a load of people around who wanted one back when they were 19 and
couldn't afford one because they were so expensive when new. Exactly
those people are normally the ones who pick up the cheapish 3 1/2s.

Well, this particular pyramid scheme appears to be starting to
collapse a bit atm, with fewer first time buyers entering the market.

 

Champ was seen penning the following ode to ... whatever:

It isn't. Try it . I'm getting the impression that at least part of
that credit is being used to make up for the fall in real income - I
can't be the only one around here who's seen his real income fall due
to the fact that my nominal gross income is the same as last year, but
adjust it for inflation and the NI raise and my real income has gone
done by about 5%. And that's not even taking into account that neither
me nor any of my friends have received anything like a year-end bonus
either, so that's probably another 10% less.

Don't get me wrong, I'm not complaining about it, but I can see that
(a) I'm not the only person in this situation and (b) that it would be
easy just to stick my head in the sand, get another credit card and
carry on spending as before. But not for long, because I'd need to pay
the money back...

And TOG, and Burnt and quite a lot of others who would buy one if it's
cheap enough. The one I just bought *was* cheap enough.

Amen, brother Champ. Can't comment about the exact '1988/1989' feeling
because I wasn't in the UK at the time but this Economics student here
has been worried about people 'realising'[1] increases in value of
their house.

[1] By increased borrowing against *paper* profits. IMHO that's about
as clever as borrowing against telecom shares in 1999.

 

Boots Blakeley was seen penning the following ode to ... whatever:

Would that be the folks you're training up to do your jobs in six
months? Just like, asking...

 

Simon Atkinson was seen penning the following ode to ... whatever:

It depends on the sector you're looking in. Try London, each and every
one of my mates who's changed jobs recently has had to take a pay
*cut* - all of them are high-class developers with skills that are
normally very sought after and some of them have been searching for
more than a year.

 

Boots Blakeley was seen penning the following ode to ... whatever:

But what the dear accountants tend to forget that is that managing a
software project with at least half the team on the other side of the
world is a total bastard. I know, I managed a localisation project
some years back where the actual work was done on location. I don't
think I'll ever do that again...

 

Oh, I hope I'm right As long as I don't lose my job in the
fallout, of course.