up yours delboy squatnow etc yeeehaa!

DreamBreaker

ruggedtoast wrote: »

With respect to this what you should be aware of is that for a large section of the British populous this may as well happen for all the difference it will make to them. Effectively the economy is already broken.

There are a very large number of, mostly youngish people who thanks to Gordons Miracle economy have no tangible stake in the society they live in,, and no hope of ever having one. Apart from the ability to borrow credit that they will spend the rest of their lives paying off to buy the odd holiday, a flash tv, and a crippling mortgage on a one bed flat you cant raise kids in, many people are looking at a lifetime of being forced work ever longer hours, in ever less secure jobs in order to pay ever higher taxes to support older people who are already well off comparatively, and having to arrange ever riskier geared investments to obtain something (housing) our dads bought for 3 times their annual incomes.

Fair point I ABSOLUTLEY agree on many of your points!

There are however many, many foolish young people who try to live like the "stars" in todays society. They do not save, they spend, spend, spend, on designer fashions and mod cons and it is not the monay they earn it is the money they have borrowed on credit! I DON'T say all young people, but there are many!

They need to take responsiability for their own financial future and stop trying to impress others with the image of having money by buying trendy clothes, cars, mobiles, etc! I never did, I have a house and many investments, I took a different path to many of my friends, who I felt on occasions probably thought "oh poor you, you can't afford a new top of the range mobile, you have a second hand car, you never have the same trendy clothes as me!" Many of them are probably kicking themselves that they did not follow the same path as me, infact some of them - heavily in debt by their own causing, actually admit that!

Perhaps some of them should read the Rich Dad Poor Dad series and perhaps education should concentrate more on educating young people about handling their own finances rather than teaching them some of the nonsence subjects taught in schools today!
:rolleyes:

ruggedtoast

DreamBreaker wrote: »

Fair point I ABSOLUTLEY agree on many of your points!

There are however many, many foolish young people who try to live like the "stars" in todays society. They do not save, they spend, spend, spend, on designer fashions and mod cons and it is not the monay they earn it is the money they have borrowed on credit! I DON'T say all young people, but there are many!

They need to take responsiability for their own financial future and stop trying to impress others with the image of having money by buying trendy clothes, cars, mobiles, etc! I never did, I have a house and many investments, I took a different path to many of my friends, who I felt on occasions probably thought "oh poor you, you can't afford a new top of the range mobile, you have a second hand car, you never have the same trendy clothes as me!" Many of them are probably kicking themselves that they did not follow the same path as me, infact some of them - heavily in debt by their own causing, actually admit that!

Perhaps some of them should read the Rich Dad Poor Dad series and perhaps education should concentrate more on educating young people about handling their own finances rather than teaching them some of the nonsence subjects taught in schools today!
:rolleyes:

I agree with that, but if 100% of all the messages society is ramming down peoples necks is to get up to the eyeballs in debt and buy tat they dont need its not surprising when a lot of young people fall for it.

Its very cynical the way credit has been promoted as a new paradigm to escape poverty this last decade.

Strapped

Die, thread, die...:rotfl:

mr.broderick

Definitely..

Running_Horse

ruggedtoast wrote: »

With respect to this what you should be aware of is that for a large section of the British populous this may as well happen for all the difference it will make to them. Effectively the economy is already broken.

There are a very large number of, mostly youngish people who thanks to Gordons Miracle economy have no tangible stake in the society they live in,, and no hope of ever having one. Apart from the ability to borrow credit that they will spend the rest of their lives paying off to buy the odd holiday, a flash tv, and a crippling mortgage on a one bed flat you cant raise kids in, many people are looking at a lifetime of being forced work ever longer hours, in ever less secure jobs in order to pay ever higher taxes to support older people who are already well off comparatively, and having to arrange ever riskier geared investments to obtain something (housing) our dads bought for 3 times their annual incomes.

You are Squatnow, and I claim my £5.

fc123

Running_Horse wrote: »

You are Squatnow, and I claim my £5.

How do you know???

SquatNow

Running_Horse wrote: »

You are Squatnow, and I claim my £5.

That ain't me. Assume I get the £5 instead?

DreamBreaker

Strapped wrote: »

Die, thread, die...:rotfl:

????????? dull

dolce_vita

DreamBreaker wrote: »

????????? dull

Yes. You are.

And stupid by the sound of it as well.

DreamBreaker

Keep dreaming guys thats all it is!

I will let the next poor sucker who comes along to try and have a civil debate on here take the heat! Not worth it to me, can't be bothered anymore. No time nor inclination anymore this forum will never be objective its totally bias..............and now very boring.....................keep dreaming of that crash!!!!!