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It`s different this time
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it's different this time cos were all older:D0
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People didn't think they deserved (because I'm worth it :rolleyes:) all sorts of consumer goods and holidays they couldn't afford, and they didn't keep flashing the plastic when they had no dosh to pay it back.0
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I'd agree with just about all of that, if it wasn't for the absurd and totally unnecessary bigotry of the second to last point.
Disagreeing with one point is not contrary to agreeing 'with just about all of that'.
Favourite hobbies: Watersports. Relaxing in Coffee Shop. Investing in stocks.
Personality type: Compassionate Male Armadillo. Sockies: None.0 -
1. Similar
2. Similar......by then most had already been sold off
3. Nowhere near as many as today
4. There were a lot (not anywhere near as many as today) but the clearest sign of the upcoming crash in 1989/90 were the huge amount of overpriced Property Developments (Flats) that suddenly sprung up *. When the same thing was happening in 2005-2007 it was a clear sign that the end was nigh.
*the Flats I bought at auction in 1991 for £40-£45K were selling for £185,000 in 1990.
i bought a new build flat in 2007 and feel a like a mug to this day.... thank god a dont have to live in the bloody thing.:T0 -
Personal debt must be way higher than 20 years ago. But I cba looking up the figures.
1993 to 2006: http://www.creditaction.org.uk/assets/PDF/statistics/2006/march-2006.pdf0
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