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Jokes about credit crunch
As with everything in life there are always the comedians that surround us. They are a part of society that helps to keep things on the lighter side, even when it feels like the walls are closing in around us. Now people are making jokes about the credit crunch, in an effort to take the focus of the seriousness of the issue. They are hoping that it will help people to remain a bit calmer during the tough times that they are encountering. People are hearing jokes and puns all the time in reference to various situations that people are encountering around the nation. Some are really quite funny even thought they are making light of other peoples hardships. There are many jokes about the credit crunch all around us but some of the funniest that I have found I will relate here. 1. This is one that was overheard in a city bar: 'This credit crunch is worse than a divorce. I've lost half my net worth and I still have a wife.' 2. Q: What's the definition of optimism? A: An Investment Banker ironing five shirts on a Sunday evening 3. Q: What's the difference between an investment banker and a large pizza? A: A large pizza can feed a family of four. These are just a few of the many jokes about credit crunch that I have come across. There are many of them all round us and reflect almost everything that we do. I found another one that made light of the ABM machines; I went to the ATM this morning and it said "insufficient funds". I'm wondering is it them or me. I roared when I saw this as it has happened to many people around the country as they see any assets they have get swallowed away due to their debt loads being so high and a lot of them losing their jobs. The hardships that people are facing are also a root for other jokes like this one; the credit crunch helped me get back on my feet. The car's been repossessed. All around us the jokes are a steady stream and there are comedians that are using the situation to their advantage in the acts they perform all the time. It seems funny though that people enjoy humour about misfortune. It does not make a lot of sense, but people laugh at the jokes more and more all the time. In one sense of thinking it is a good thing, as people are not just sitting in gloom. They are actually still laughing during the hard times that they are facing. We need to thank all the comedians for this as it is a bit of an escape from the reality for many people.


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The credit crunch is a killer when it lands at your house. Having to renew a mortgage at a higher interest rate is one way banks are making life difficult for families that were already at the edge of financial solvency. Just as damaging is the practice of credit card companies to boost their rates or boost the minimum monthly payment. People are facing foreclosure and destroyed credit ratings and need to consider credit repair options if they ever want to dig themselves out of this financial hole. Consider the case of someone who carries a large balance on a premium, low interest credit card that guarantees a 1.99% interest rate. The credit card company can't change that rate, but if they boost the minimum down payment from interest only, to interest plus 1% of the balance, a $50 per month payment increases to $450. That's the credit crunch hitting consumers.

 

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