Debate House Prices


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An Economy Built On Debt and A Housing Bubble

doire_2
doire_2 Posts: 2,280 Forumite
Part of the Furniture 1,000 Posts Combo Breaker
in Debate House Prices & the Economy
I bet that old fud Dimbleby nearly choked when Billy Bragg said that on QT lastnight :beer:

Comments

  • DervProf
    DervProf Posts: 4,035 Forumite
    I didn't see QT last night and I'm not exactly a fan of Billy Bragg's music or political views, but I'll fire up iPlayer to hear him say that. Fair play to him for doing so.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • ILW
    ILW Posts: 18,333 Forumite
    He did also say that the way out of our current problems was to pay everyone higher wages.
  • DervProf
    DervProf Posts: 4,035 Forumite
    edited 7 October 2011 at 12:36PM
    ILW wrote: »
    He did also say that the way out of our current problems was to pay everyone higher wages.


    Like Dave C's comments about paying off credit cards, not a bad idea in principle, but paying off debt and paying higher wages is not exactly going to be easy or possible in the middle of an economic storm.

    What is it with these "clever" people ? They come out with these sensible ideas after the event. We are now paying the price for the "fun" we were having a few years ago. A few of us said we would, but those who were having a good time were taking no notice.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • geneer
    geneer Posts: 4,220 Forumite
    ILW wrote: »
    He did also say that the way out of our current problems was to pay everyone higher wages.

    Roll on inflation then.

    Not so great for pensioners & Retirees, or those close to the same.

    You know who you are.
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