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Is this teh end of the begining or the begining of the end?
MrRee_2
Posts: 2,389 Forumite
I've been around on this planet longer than most here.
I've seen the hyper Inflation of the 70's I've paid 12% Mortgage Rates in the 80's I've seen my property value slump by 35% and at that moment I sold and bought I've seen my property value jump by 350% in 20 years I've witnessed the decimation of final salary pension schemes I've seen the bankers rip off the little man and take the mony for themselves I've seen governments come and go taking their gold plated salaries and pensions with them into the House of Lords I've seen China become a major power I've seen Britain become simply an Island nation once more.
Now money is free .... to all intents and purposes.
The wise are buying property to live in rather than waste all their money on rent.
Those with an eye to retirement are snapping up little homes and renting out at a 8% yield - with Capital Gains building steadily. This is their Pension for life, clever.
Oil is on the floor, petrol is soon to be 99p a litre.
Energy costs must follow.
Food is getting cheaper and better quality than ever before due to Aldi and Lidl showing us that the big boys, Tesco and all have been stitching us up for decades.
People are in work, more employed than ever before.
The spongers are being squeezed .... quite rightly.
Those single people in 4 bedroom council houses are losing benefits .... they should have bought their own house when the going was good, now the 4 bedrooms are needed by that 18 year old girl with 6 kids, get out!
Culture has changed to such an extent that if you are not putting in an extra 20 hours a week work without pay you are somehow a skivver! How did this culture creep in?
The Unions are less of an influence and therefore the wealthy industry owners are getting wealthier as teh working man suffers - everyone should be in a Union if they want to actually change things ..... when did the young become so damned lazy I wonder?
Essentials consist of iPads, iPhones, Smartphones and 60" Plasma TV's ...... everyone must have these as a minimum or life isn't worth living - when did the simple things disappear from the essential list? The things like time with loved ones, a game of snakes and ladders and a real fire .... laughter and fun?
It's Xmas and we will be looking forward and looking back - what is to become of us?
Are we on the brink of greatness and prosperity or looking down the barrell of a debt laden gun?
Over to you and a Happy Xmas to you all Yoo Hoo Hoo :xmastree:
I've seen the hyper Inflation of the 70's I've paid 12% Mortgage Rates in the 80's I've seen my property value slump by 35% and at that moment I sold and bought I've seen my property value jump by 350% in 20 years I've witnessed the decimation of final salary pension schemes I've seen the bankers rip off the little man and take the mony for themselves I've seen governments come and go taking their gold plated salaries and pensions with them into the House of Lords I've seen China become a major power I've seen Britain become simply an Island nation once more.
Now money is free .... to all intents and purposes.
The wise are buying property to live in rather than waste all their money on rent.
Those with an eye to retirement are snapping up little homes and renting out at a 8% yield - with Capital Gains building steadily. This is their Pension for life, clever.
Oil is on the floor, petrol is soon to be 99p a litre.
Energy costs must follow.
Food is getting cheaper and better quality than ever before due to Aldi and Lidl showing us that the big boys, Tesco and all have been stitching us up for decades.
People are in work, more employed than ever before.
The spongers are being squeezed .... quite rightly.
Those single people in 4 bedroom council houses are losing benefits .... they should have bought their own house when the going was good, now the 4 bedrooms are needed by that 18 year old girl with 6 kids, get out!
Culture has changed to such an extent that if you are not putting in an extra 20 hours a week work without pay you are somehow a skivver! How did this culture creep in?
The Unions are less of an influence and therefore the wealthy industry owners are getting wealthier as teh working man suffers - everyone should be in a Union if they want to actually change things ..... when did the young become so damned lazy I wonder?
Essentials consist of iPads, iPhones, Smartphones and 60" Plasma TV's ...... everyone must have these as a minimum or life isn't worth living - when did the simple things disappear from the essential list? The things like time with loved ones, a game of snakes and ladders and a real fire .... laughter and fun?
It's Xmas and we will be looking forward and looking back - what is to become of us?
Are we on the brink of greatness and prosperity or looking down the barrell of a debt laden gun?
Over to you and a Happy Xmas to you all Yoo Hoo Hoo :xmastree:
Bringing Happiness where there is Gloom!
0
Comments
-
Don't worry, normal service will be resumed next May
I think....0 -
Oil is on the floor, petrol is soon to be 99p a litre.
Energy costs must follow.
Me? I'm still waiting for that 8% VAT rate you were predicting
http://forums.moneysavingexpert.com/showpost.php?p=53806717&postcount=10 -
Don't worry, normal service will be resumed next May
Sorry I can't quite bring myself to thank you for that, I've just checked betfair and labour are currently about 10/11, so it is by no means certain.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 -
Aberdeenangarse wrote: »Me? I'm still waiting for that 8% VAT rate you were predicting
http://forums.moneysavingexpert.com/showpost.php?p=53806717&postcount=1
How's your 'portfolio' doing, still getting a 4% gain?
:rotfl::rotfl::rotfl::rotfl:0 -
Don't worry, normal service will be resumed next May
At the current time nearly 5 months is a long time. The world keeps on changing.
Wasn't so long ago that Scotland could have voted for independence on the basis of oil at $117 a barrel generating 20% of Governmental revenues. Suspect the SNP may quieten down a little now.
The current level of the oil price is already having seismic impacts on different localities around the globe.0 -
Aberdeenangarse wrote: »Me? I'm still waiting for that 8% VAT rate you were predicting
http://forums.moneysavingexpert.com/showpost.php?p=53806717&postcount=1
And me, I'm wondering where your Maidstone house prices signature went. :rotfl:Don't blame me, I voted Remain.0 -
mayonnaise wrote: »And me, I'm wondering where your Maidstone house prices signature went. :rotfl:
Oh yeah, I remember someone doing that, was it him?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 -
very very unlikely to see petrol genuinely hit 99p a litre
fuel duty + a 5p a litre retail/delivery margin + 10p refinery costs + vat, it comes in at about 90p. The cost of oil would basically need to half again and all that cost saving get passed on to get down to 99p.
If we had a further fall in oil price we might reach a point where a retailer such as asda might try and grab some headline by cutting to 99.9p in some of it's less busy locations, but i think it's unlikely oil price will ever get low enough to make even that viable0 -
Aberdeenangarse wrote: »Me? I'm still waiting for that 8% VAT rate you were predicting
I remember when VAT was 8%. When I was 17 I had a Saturday job in a jewellers and it was so long ago we had to write each receipt out by hand. If we sold something gold, we wrote out a receipt in the 12.5% VAT book - and if they paid for a repair or bought something silver it went in the 8% VAT book.0 -
Its probably just the middle of the middle.0
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