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Good things about the recession
Comments
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'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0
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Do they? Such as?
X-factor.
Pop Idol.
... all that 'instant success' crud.
Some of the performers are talented, no doubt, but there's more to making good, enduring music than winning a glorified talent contest and being turned into an instant star.
One of the reasons the music industry is in the mess it is is because residual sales from music from the near past have collapsed - there's no long term profit in selling back catalogue from manufactured bands and 'stars' who are forgetten after a brief rush of fame. They still make an enormous amount of money from back catalogue music from before when it became all about manufacturing success, though.--
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 -
kwikbreaks wrote: »Please tell me you were joking. Or do you mean they'll be letting out their floor space to the recently repossessed to kip on? That would certainly be more profitable than trying to flog houses right now.
EA's rent out houses as well as sell them they make money on both.
As I said people always need somwhere to live but do they need somwhere to buy a sandwich etc?0 -
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Personally I have had my eyes opened. I have always struggled financially. I had my first child at 19 and altho I was working and had a mortgage I think having the finical responsibility straight off with never having a chance to really save anything has left me on a real back footing. I have neve had the fast cars and expensive dvds, days out and holidays. It has always been walks and bike rides. What I didnt realise until now was how much other people (peers) were spending on their lives. These days I hear about ppl going back to a more simple way of life but for me there has been no other way. I guess I have never had it so never missed it.
So for me the recession and bough some kind of understanding.Debt free and plan on staying that way!!!!0 -
any good "recession born" bands.
The Clash !!!!'In nature, there are neither rewards nor punishments - there are Consequences.'0 -
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