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Rich babyboomers behaving like the nobility in the peasants revolt...
Comments
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It doesn't exactly inspire the youth of today to save when they are probably going to be buying an ex council house because its all they can get a mortgage on
Question for reflection: -
What is the alternative position for not buying said property?
Once you weigh up both options you can make an informed decision on what would be best (in your opinion):wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
IveSeenTheLight wrote: »Question for reflection: -
What is the alternative position for not buying said property?
Once you weigh up both options you can make an informed decision on what would be best (in your opinion)
Well personally I took the "that's life, get on with it" approach and bought the best house which I could afford. I'm just saying that, it takes a lot of discipline to motivate yourself to save for 3 years, every single month, there needs to be a decent carrot at the end, spurring you on.
It used to be; stick in at school, get a degree, get a job, work hard, get a nice house and stable future.
If the youth of today do that, they are likely going to be faced with significant student debt, crappy part time jobs for the best part of their 20's - if they are lucky, once they finally manage to save up and buy a place it will likely be an ex council in a rough area or a tiny new build which is overpriced and has windows the size of a letter box.
That's if they are lucky! Its not really inspiring stuff is it?0 -
Part ex the iPhone for a pitchfork ? ...... no chance of a peasants revolt happening
0 -
My father used to say..
"Don't bite the hand that feeds you"0 -
Oh for the good old days when oldies knew their place, worked for buttons in a factory all their lives, then retired for a couple of years before freezing to death for lack of money to heat their homes.Been away for a while.0
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IveSeenTheLight wrote: »
Having operations, mobilising people and having worked in Egypt in the last couple of years (also was planned to go myself this month),
Have you thought about a nice, relaxing break in Afghanistan instead? Might be quieter!...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 -
I guess the baby boomer generation sit on a lot of wealth. But they will ultimately release it, either via inheritance or spending on social care, high class escorts and luxury holidays. This will either directly increase the wealth of younger people(via asset transfers) or indirectly via higher wages for services.0
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My father used to say..
"Don't bite the hand that feeds you"
Did it work? Did you stop biting his hand?Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
Graham_Devon wrote: »... Could face an uprising by the younger generation if the situation does not change, warns HSBC's chief economist.
http://www.telegraph.co.uk/finance/economics/10170101/Europes-rich-could-face-uprising-similar-to-Peasants-Revolt.html
And hey, I'm just the messenger starting the riot!
Clearly this character doesn't actually know his history - while he might be right about social unrest now, the parallel with Europe post-plague doesn't fit - peasants and labourers were able to win a increase in incomes and more mobility after the plague because of the big drop in population:
http://voices.yahoo.com/impact-black-death-medieval-economy-822031.html0 -
neverdespairgirl wrote: »Have you thought about a nice, relaxing break in Afghanistan instead? Might be quieter!
Probably, but it was a business visit, not leisure :wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0
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