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Super Rich & Credit Crunch

MissMoneypenny
Posts: 5,324 Forumite
Comments
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Was about to post the same. Looking very interesting.0
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They are showing the Coalhouse Families in Wales on BBC2I always wanted to be a procrastinator, never got round to it...0
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Peston is scrummy.poppy100
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It's only manure and the cheat Ronaldo.
GGThere are 10 types of people in this world. Those who understand binary and those that don't.0 -
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PasturesNew wrote: »I've got it on channel 801 but it's really quite broken up/choppy.
I'll watch it on Wales2 later.
2 people being stitched up in Place in the Sun Hotspots at the mo instead (Channel 4+1)
Yep, one guy bought a newbuild 2-bed flat for £157k in Belgrade, Serbia of all places! :eek:poppy100 -
I came here to bump this for icefall, who is now offline it seems.
Oh well.
My time to watch it in Wales now.0 -
Watched it, just now.
OMG bit of an eyeopener
So the super rich have made their money and are off spending it whilst the rest of us pay for it via mortgage payments, tax etcA certain Ltd Rolls Royce has sold out so not only have they still got cash to splash but they are just looking for ways of spending it, as they have nothing to do whilst the credit crunch is upon us except spend their ill gotten gains from causing the credit crunch in the first place!
And there is no incentive for this not to happen again... Whilst shareholders demand profits and do not care how the profits are created, its a vicious circle...
So they get paid millions in bonuses to gamble with the banks money, any problems the bank gets bailed out.
The execs on millions get taxed less than their cleaners was another statistic that shocked me :eek:I always wanted to be a procrastinator, never got round to it...0
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