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Personal debt in Britain has reached £1.4tn

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Old 22 November 2013, 07:39 AM
  #91  
Matteeboy
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Originally Posted by hodgy0_2
Cheapest car you can get away with, most expensive house you can afford

Stood me in good stead
No house, two quite expensive cars. Crazy but fun ;-)
Nice having zero debt and a small house in the bank though (actually around here, a shed perhaps).
Old 22 November 2013, 09:48 AM
  #92  
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Originally Posted by Matteeboy
Nice having zero debt and a small house in the bank though (actually around here, a shed perhaps).
Exactly, I've a small flat all my cars/vans get paid cash, I don't get all spendy spendy blingy blingy with my cars/vans either the dearest I'll spend on transport is 10K.

I like the idea of having a few quid in the bank incase I end up out of a job sometime, which happens from time to time.
Old 22 November 2013, 10:07 AM
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RA; tis a rare mindset these days.
It's good to have a safety net just in case.
Old 22 November 2013, 04:12 PM
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Originally Posted by ditchmyster
This place is full of grumpy old men, there's no point them moaning at the Mrs because she's in control of the remote and just turns the volume up, so they sculk off to their man caves and have a moan about life and the universe on the internet for entertainment.

Doesn't mean they'er clinically depressed, just married, has the same end result though, sculking in a corner unhappy at their lott.
Yeah exactly.... except I'm not married!
Old 22 November 2013, 04:17 PM
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Originally Posted by Dingdongler
Are you sure?

Seriously though, yes it does ring a bell but not sure what that thread/person had to do with this subject matter.

All I was trying to say is that you come across (from your posts) as being generally unhappy and frustrated. I'm not saying you are clinically depressed btw (before somebody else accuses me of goading the mentally ill)

Maybe you aren't like that in reality but I can only judge you from your posts after all. Point scoring and agendas aside, I've made one thread about security lighting, you'd have to be just trying to have a dig to suggest that that implies that I live my life in fear.

It doesn't make me a hypocrite either as I've never said the UK (or any other country) is a perfect, crime free utopia.

However you must accept that you have a multitude of threads/posts about how awful things are here. I see the same things you do btw, I'm not blind or stupid, but I just interpret them differently.

So this comes across, to me anyway, as though you are not a very happy chappy.
Thank you for the psycho analysis, it's amazing what you can get on the Internet these days for free

I am fine thank you, but I am also not prepared to pretend everything is rosy when it isn't. Head in the sand never really works for me. What I will say is that for the main I keep my private life private (look what a mention of trying to emigrate solicited) and maybe in order to do that I don't let my naturally happy and personable disposition shine through. Then again maybe I am just a miserable ****! Who knows?
Old 22 November 2013, 06:45 PM
  #96  
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Originally Posted by f1_fan
Yeah exactly.... except I'm not married!
Hardly surprising
Old 22 November 2013, 06:48 PM
  #97  
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Originally Posted by f1_fan

but I am also not prepared to pretend everything is rosy when it isn't.
For you maybe, but for others obviously not.
Old 22 November 2013, 07:24 PM
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Sorry but F1 is right - while many of us (me included) "feel" like things are pretty good, our nation is in so much financial ****, it just will not last long.
Banks will fail, public services will have to be savagely cut, taxes will go up, interest will rise quickly. This isn't some freaky doom mongering, it's based on very simple, very clear facts. The party WILL end soon.

So time for another beer.
Old 22 November 2013, 07:27 PM
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Originally Posted by Matteeboy
Sorry but F1 is right - while many of us (me included) "feel" like things are pretty good
I don't even feel things are good, just walking around my local town centre confirms this TBH.

The bubble will burst soon!
Old 22 November 2013, 08:02 PM
  #100  
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Originally Posted by Matteeboy
Sorry but F1 is right
Impossible!

Banks will fail, public services will have to be savagely cut, taxes will go up, interest will rise quickly.
So why isn't this happening now then. Economists seemed to think differently, but then again what would they know compared to those on Scoobynet

This isn't some freaky doom mongering, it's based on very simple, very clear facts.
These facts being?

The party WILL end soon
What party? The only way is up rather than down.
Old 22 November 2013, 08:18 PM
  #101  
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Originally Posted by Chip



The only way is up rather than down.
You think, my gut instinct tells me the worst is still to come. hopefully I'm wrong though.
Old 22 November 2013, 08:26 PM
  #102  
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Dunk, if I'm wrong then so be it, but I'd rather look at life with my glass half full rather than half empty.
Old 22 November 2013, 09:03 PM
  #103  
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Originally Posted by Chip
Dunk, if I'm wrong then so be it, but I'd rather look at life with my glass half full rather than half empty.
I would rather look at something realistically than try and convince myself otherwise TBH, being honest when I look around now I don't like what I see.
Old 22 November 2013, 09:07 PM
  #104  
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Originally Posted by f1_fan
Yeah exactly.... except I'm not married!
It's called a civil partnership, isn't it?
Old 22 November 2013, 09:26 PM
  #105  
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"8M households have no savings". Can someone define ""Savings" please. Back in the day it used to be defined as: M1, M2, M3 etc. with M1 being cash in hand. M2 being current accounts, M3 being time-locked interest bearing accounts etc.
Old 22 November 2013, 09:30 PM
  #106  
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Given todays situation savings is probably money left over from last weeks Giro?
Old 22 November 2013, 09:31 PM
  #107  
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Originally Posted by Chip
Dunk, if I'm wrong then so be it, but I'd rather look at life with my glass half full rather than half empty.
UK Budget Deficit Shrinks in October
U.K. Unemployment Falls to 7.6% in Move Toward BOE Threshold
UK jobless rate falls to three-year low as economy grows
Bank of England says the UK recovery has taken hold
Britain's economic recovery speeds ahead of biggest nations as OECD upgrades growth forecasts AGAIN
Pace picks up for British industry and car production
UK manufacturing expands at fastest rate since 1995

Not ending anytime soon.
Old 22 November 2013, 09:35 PM
  #108  
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I don't believe a word of any of that nonsense, figures twisted and manipulated to give the required results.

Like I said, I see all I need everytime I go into the town center.
Old 22 November 2013, 09:39 PM
  #109  
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Originally Posted by RA Dunk
I don't believe a word of any of that nonsense, figures twisted and manipulated to give the required results.

Like I said, I see all I need everytime I go into the town center.
There is more life outside of your town center, perhaps could try looking further afield.
Old 22 November 2013, 09:57 PM
  #110  
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Well things seem to be going well here. 14.1% less claiming dole here than this time last year. New houses being built, new offices (already taken) going up, a thriving city centre with very, very few empty shops. The only empty shop in my village is my butchers who closed last week due to retirement. Etc etc etc.
Old 22 November 2013, 09:58 PM
  #111  
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Originally Posted by RA Dunk
I don't believe a word of any of that nonsense, figures twisted and manipulated to give the required results.

Like I said, I see all I need everytime I go into the town center.
Where is your town centre?
Old 22 November 2013, 10:16 PM
  #112  
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Originally Posted by Chip
Impossible!



So why isn't this happening now then. Economists seemed to think differently, but then again what would they know compared to those on Scoobynet



These facts being?



What party? The only way is up rather than down.
Our ENORMOUS deficit which is completely unsustainable and has been for decades. There is absolutely NO way it can go on indefinitely and it's an exponential curve with no hope of ever paying any of it back.

We are far worse off than countries picked out by our media as in very poor shape - Portugal, France, Italy, etc. We make almost nothing, we import almost everything, the industry "we" hedged our bets on is a shambles.

I don't need proof.
Old 22 November 2013, 10:29 PM
  #113  
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All of which are drops in the ocean compared to what is really needed. Agreed though we will just go broke a bit later than we would have otherwise so happy days!

Why can't people get their head round the size of the issue we face. All the above articles are making next to know real difference to the elephant in the room!
Old 22 November 2013, 10:36 PM
  #114  
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Oh yes, the manipulation of the media...
Old 22 November 2013, 11:05 PM
  #115  
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We will have a "joyless" recovery

The narrative of the next 5 to 10 years will be the fact that the economy will be recovering (it will, and be demonstrated by stats after stats on gdp growth, house prices, unemployment yada yada yada )

yet the perception (and the reality) for the vast majority will be that the recovery has somehow passed them by, life is going to get much much tougher for the overwhelming majority

And that is the stark fact, Whatever happens to that concept we call the "economy"

The uk will get richer, most people will get poorer, just make sure you, or more importantly your children, are not "most" people

Last edited by hodgy0_2; 22 November 2013 at 11:08 PM.
Old 22 November 2013, 11:44 PM
  #116  
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Jods.

I have no savings......my outgoings usually are greater that what comes in.

Been in Debt since 1978

Shaun
Old 23 November 2013, 12:29 AM
  #117  
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Doom and gloom.

Bloody hell you lot are a right cheery bunch, remind me never to go drinking with any of you because i'll probably hang myself from the banister when I get home.

The world will keep turning, the power hungry politicians will make sure of that, if only to make sure they continue to live off the backs of the rest of us.
Old 23 November 2013, 01:13 AM
  #118  
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Originally Posted by hodgy0_2

The uk will get richer, most people will get poorer, just make sure you, or more importantly your children, are not "most" people
Good point, Hodgy.

Parents without any savings or least and no properties to leave behind may ensure that their children are equipped with some common sense, formal education and life skills so that they can make their life comfortable themselves with their own efforts as adults. Wealth doesn't come in just one form, and wealth isn't the only thing to be inherited.
Old 23 November 2013, 07:29 AM
  #119  
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Originally Posted by Matteeboy
Sorry but F1 is right - while many of us (me included) "feel" like things are pretty good, our nation is in so much financial ****, it just will not last long.
Banks will fail, public services will have to be savagely cut, taxes will go up, interest will rise quickly. This isn't some freaky doom mongering, it's based on very simple, very clear facts. The party WILL end soon.

So time for another beer.


But so what? Let us say you are right and things will get worse at some point later on ie when the sticky plaster comes off as it were.

Let's say banks will fail, public services cut, taxes up etc at some point in the future, obviously even if you are right you still don't know the time scale. So what?

As long as I have food on the table and a roof over my head I'll be happy. The human race has survived wars, famine, climactic and geophysical catastrophes, I'd like to think I/we could survive a protracted recession.

I am very well aware (more than most) of the UKs debt/economic issues however I refuse to run around like a nut job screaming 'we're fooked, we're fooked' every ten seconds.

My parents survived with basic food, black and white TV, washing dishes by hand, meat for special occasions, no car, no central heating, no holidays etc etc. It did me no harm as a child, I was a happy little chappy.

So even if a financial meltdown left me back where I was 40 years ago I'd survive

Life is for living (I know you agree with that given your love of the outdoors) lets get on and live it without moaning, whingeing and doom mongering all the time

This is not the same as putting your head in the sand btw, it's a belief that no matter what happens I'll survive.
Old 23 November 2013, 08:32 AM
  #120  
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Originally Posted by Dingdongler
But so what? Let us say you are right and things will get worse at some point later on ie when the sticky plaster comes off as it were.

Let's say banks will fail, public services cut, taxes up etc at some point in the future, obviously even if you are right you still don't know the time scale. So what?

As long as I have food on the table and a roof over my head I'll be happy. The human race has survived wars, famine, climactic and geophysical catastrophes, I'd like to think I/we could survive a protracted recession.

I am very well aware (more than most) of the UKs debt/economic issues however I refuse to run around like a nut job screaming 'we're fooked, we're fooked' every ten seconds.

My parents survived with basic food, black and white TV, washing dishes by hand, meat for special occasions, no car, no central heating, no holidays etc etc. It did me no harm as a child, I was a happy little chappy.

So even if a financial meltdown left me back where I was 40 years ago I'd survive

Life is for living (I know you agree with that given your love of the outdoors) lets get on and live it without moaning, whingeing and doom mongering all the time

This is not the same as putting your head in the sand btw, it's a belief that no matter what happens I'll survive.
Very true.

Life will always throw crap at us, some more than others.
Things happen that we can have no power to change but have to just find a way around it.

On a personal point, we have a good living, house, cars, jobs and savings all through hard work and several recessions, but some news we may hear on Thursday could seriously mean all that is irrelevant and meaningless when ones health and well being is at risk.


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