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Consumers turn to Plastic !!
Comments
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Unless of course the Government buys the bank and decides that it's unpopular with the electorate to have to pay back debt that the electorate gas taken out and that they'd much rather see it repaid by their children instead.
I've heard some loony theories on his forum but if you think something like that could possibly ever happen, you are barking :rotfl:
oh ... wait
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Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
BTW, I haven't enough historical knowledge to understand exactly what a Marxist revolution might be like....so I am not wanting one.
It means millions of people die, and the rest are subject to secret police and political re-education....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
Bloomberg link
http://www.bloomberg.com/apps/news?pid=20601087&sid=aTVEGdCJauGI&refer=home
Sears, Home Depot May Lose 8% of Holiday Sales on Credit Limits
Almost a quarter of shoppers say banks cut the spending limits on their credit cards, according to a survey by America's Research Group, which also provided the sales-loss estimate. More people are being rejected for new cards, hurting sales for bigger purchases. Demand is being pinched just as retailers prepare to enter the holiday selling season, which accounts for as much as 35 percent of their annual revenue.
``Banks just don't have the money,'' said David Bassuk, a New York-based managing director at consulting firm AlixPartners LLP. The tightening credit is putting retailers ``at big risk to lose those sales or lose those customers,'' he said. ``There is a big concern there with the holiday spending.''
I don't think this is happening here yet? But as the US seems to be about a year ahead of us in the credit crunch this would seem to be us next Christmas..?Turn your face to the sun and the shadows fall behind you.0 -
So not a good thing........thanks for the infoneverdespairgirl wrote: »It means millions of people die, and the rest are subject to secret police and political re-education. Bit like Cambodia? Pol Pot? 0 -
neverdespairgirl wrote: »It means millions of people die, and the rest are subject to secret police and political re-education.
Political re-education:
I am a dalek
I am a dalek
No you're not! Flicks switch - AAAAAAAAH
I'm not a dalek
I'm not a dalek
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Animal Farm...except it's given to us to study/read at the wrong age. DD is reading it at the moment and is totally confused and mystified by the message...as she has no idea what the message actually is. She's 14.jamescredmond wrote: »similar but on a much larger scale and considerably more sophisticated
**as he moves into political mode**
a political system where everyone was equal, but some were more equal than others.
I swiped her copy recently and read a few chapters...aagh...now I am 45, I understand the message better than ever before.
BTW...I am equal too....but more equal than others....YKWIM.;)0 -
Animal Farm...except it's given to us to study/read at the wrong age. DD is reading it at the moment and is totally confused and mystified by the message...as she has no idea what the message actually is. She's 14.
Is she very politically unaware?
We read it at school when I was 11, and it sparked some lively politcal discussions....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
jamescredmond wrote: »a political system where everyone was equal, but some were more equal than others.
Sounds like our political system.............
P.S. - When I saw the title of this thread, I thought that I had become a consumer champion and nobody had told me 0 -
If anyone can save us... PlasticMan can!Plasticman wrote: »P.S. - When I saw the title of this thread, I thought that I had become a consumer champion and nobody had told me0
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