uk banks down graded

its soo dispressing at time i can see more cut backs & we be paying more for food...

The economy is bad all over now I'm bleeding money at the moment.

the bloke was just on tv saying this could be the worse ever.

I think that's just a talking head with a scare tatic. The worst econonmy was in the 1929-1940 strech. I think this is more of a redistrubution of global wealth as well as the larger economies overspending and governments just printing as much money as they can' t keep up.

If the media keeps talking about a bad economy people sell of investments and are scared to buy into anything. Even though I'm losing money overall I'm buying all I can and hope the ship will right itself over the next year or two. (I'm not an economist by the way)