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TOPIC: Pay 10% of Your Savings to Save the Eurozone

Pay 10% of Your Savings to Save the Eurozone 20 Mar 2013 21:50 #341

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oioioi wrote:
Apart from my last ever UK car (baby to carry, shelled out a grand, got £750 back 2 year later) I never spent more than £500 on a car. My one and only bank loan was for my first car, got a grand loan, bought a lemon for £350, had £650 to keep it on the road until I'd 'bought' it. Had some lovely wheels, Carlton estate 1.8i for £350 which (luckily) was good enough to live in, a VW camper MKII for £300 which more than got me my money back doing the markets and my fave motor, my Yugo Zastava 65a, £200, ragged it to death then got £300 for it to buy the VW :D

Root a toot a to it :)
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Pay 10% of Your Savings to Save the Eurozone 20 Mar 2013 21:51 #342

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andyh wrote:
Gilly wrote:
particularly if you've no know-how.

This is exactly whats missing, easily available credit lead to a situation where people didn't bother to get/pass on the know how as much as they would otherwise.

Also it drove prices up for cars just as it did for houses, indeed the auto makers needed bailing out along with the banks if you recall 2008.

There are only so many hours in the day though, and frankly, I've never fancied squeezing in car maintenance, plumbing, tiling, electrical, engineering courses etc in between working, running a home & raising kids. Many others feel the same about it, I'm sure. Luckily my husband's good at most things, but mechanics isn't one of his skills. So yes, I agree many haven't bothered to get the know how.
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Pay 10% of Your Savings to Save the Eurozone 20 Mar 2013 22:00 #343

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Gilly wrote:
andyh wrote:
Gilly wrote:
particularly if you've no know-how.

This is exactly whats missing, easily available credit lead to a situation where people didn't bother to get/pass on the know how as much as they would otherwise.

Also it drove prices up for cars just as it did for houses, indeed the auto makers needed bailing out along with the banks if you recall 2008.

There are only so many hours in the day though, and frankly, I've never fancied squeezing in car maintenance, plumbing, tiling, electrical, engineering courses etc in between working, running a home & raising kids. Many others feel the same about it, I'm sure. Luckily my husband's good at most things, but mechanics isn't one of his skills. So yes, I agree many haven't bothered to get the know how.

Its your hubby's job and he was the one who didn't have the skills passed on.
Ofc single women with kids wouldn't have the time either but thats another engineered situation too imho.

Society as a whole is engineered with little prods here and there, adverts, loans, investments, religion, fashion, taxation, education (or lack of it more like) everything is geared towards making people ....I'd like to use a different word but lets say more predictable.
Each and every change has acted to make that particular influence stronger. Money is the strongest driving factor of all and its got completely out of hand now imho.

Everything we trade now is useless junk, its got progressively less reliable, throw away etc.
People can't even settle in one place anymore, can't keep a job for more than a couple of years, this is the new world already coming into view imho. People have communication up the wazoo but they talk to each other less imho, tech has caused people to have trouble with spelling simple words let alone understanding or appreciating poetry for example.
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Pay 10% of Your Savings to Save the Eurozone 20 Mar 2013 22:04 #344

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Gilly wrote:
Do you make your own shoes too? :P

Don't encourage him Gilly! :D
:jane:
Jane
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Pay 10% of Your Savings to Save the Eurozone 20 Mar 2013 22:17 #345

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angelchemuel wrote:
Gilly wrote:
Do you make your own shoes too? :P

Don't encourage him Gilly! :D
:jane:
Jane

It gave me a giggle for sure :p
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Pay 10% of Your Savings to Save the Eurozone 20 Mar 2013 22:48 #346

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I totally get gilly's point that if you're in a position where you need wheels quick and don't have either the skills or contacts to get a cheap car for cash, you are pretty much pushed into getting a loan. I also get Andy's point that ideally we should be able to buy a cheap car and keep it on the road off the back of our own skills and labour.
There are other situations where a loan is about the only option for those on low income or with no savings. having to move home quickly for example. In the current paradigm, of itself, credit is not a purely selfish or greedy thing for many. It can be a necessity. Desiring a big plasma tv or a store carded Burberry bag though is a different kettle of salmon. There's a big difference.
When credit is on a state/national scale things just get silly. As they have. As has been pointed out repeatedly, states could issue cash without ever having to borrow it. The fact that they don't and choose the current insanity speaks volumes. The fuckers at the helm want this situation. it's one of the main ways they can appropriate real wealth. All this is just pure bullshit. Totally unnecessary bullshit. Unless of course you have an agenda that involves control and wealth appropriation.
"laws are unenforceable if the majority break them."-humanspirit,
"avoid the concept of an ambassador for truth altogether"-gilly.
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Pay 10% of Your Savings to Save the Eurozone 20 Mar 2013 22:50 #347

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"real wealth"?
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Pay 10% of Your Savings to Save the Eurozone 20 Mar 2013 22:51 #348

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Pay 10% of Your Savings to Save the Eurozone 20 Mar 2013 22:54 #349

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oioioi wrote:
"real wealth"?

Repo houses when the mortgages fail.
Mass landgrab basically.
“Fascists are not human. A snake is more human.” - Hugo Chávez
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Pay 10% of Your Savings to Save the Eurozone 20 Mar 2013 23:03 #350

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Aye, as andy says, real wealth as in land, resources, infrastructure etc. As opposed to illusory wealth, numbers on a screen or bits of paper which could only be called real wealth if there were a toilet paper drought.
"laws are unenforceable if the majority break them."-humanspirit,
"avoid the concept of an ambassador for truth altogether"-gilly.
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Pay 10% of Your Savings to Save the Eurozone 20 Mar 2013 23:12 #351

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knobhead wrote:
Aye, as andy says, real wealth as in land, resources, infrastructure etc. As opposed to illusory wealth, numbers on a screen or bits of paper which could only be called real wealth if there were a toilet paper drought.

It's the 'real wealth' becoming the issue that'll see 'em strung from lamp-posts.

:think:
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Pay 10% of Your Savings to Save the Eurozone 20 Mar 2013 23:33 #352

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At the end of the day digits on computer screens are more important than reality, as far as bankers and politicians are concerned ofc.
“Fascists are not human. A snake is more human.” - Hugo Chávez
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Pay 10% of Your Savings to Save the Eurozone 20 Mar 2013 23:36 #353

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andyh wrote:
At the end of the day digits on computer screens are more important than reality, as far as bankers and politicians are concerned ofc.



A hungry mob is a angry mob.
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Pay 10% of Your Savings to Save the Eurozone 20 Mar 2013 23:56 #354

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real wealth is friends and family.
shame on all of you. shame.
my limbless friend will die alone
a torso of flesh upon the throne

Violence is not the answer, it is the question. the answer is yes.
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Pay 10% of Your Savings to Save the Eurozone 21 Mar 2013 00:05 #355

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When they kick out your front door
How you gonna come?
With your hands on your head
Or on the trigger of your gun


What if they just do it via your bank account?
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Pay 10% of Your Savings to Save the Eurozone 21 Mar 2013 00:08 #356

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oioioi wrote:

What if they just do it via your bank account?

Then surely there will be a role reversal on who's doing the kicking down of doors.
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Last Edit: 21 Mar 2013 00:09 by psketti.
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Pay 10% of Your Savings to Save the Eurozone 21 Mar 2013 00:18 #357

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psketti wrote:
oioioi wrote:

What if they just do it via your bank account?

Then surely there will be a role reversal on who's doing the kicking down of doors.

What is 'wealth' now?

:D
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Pay 10% of Your Savings to Save the Eurozone 21 Mar 2013 00:20 #358

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oioioi wrote:
psketti wrote:
oioioi wrote:

What if they just do it via your bank account?

Then surely there will be a role reversal on who's doing the kicking down of doors.

What is 'wealth' now?

:D

Calm down. I've done plenty contributing for one night :coffee:
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Last Edit: 21 Mar 2013 00:21 by psketti.
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Pay 10% of Your Savings to Save the Eurozone 21 Mar 2013 01:12 #359

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Talking of the banking sector offering loans, what was the primary focus of the budget?

www.guardian.co.uk/money/2013/mar/20/bud...mebuyers-help-to-buy
Budget 2013: Osborne offers homebuyers Help to Buy

Help to Buy scheme offers buyers with a 5% deposit an interest-free loan of up to 20% of the value of most new homes
People can't even make a down payment in order to borrow money which they will pay back several times over in order to have a roof over their head. Now they have to borrow money in order to borrow money. And this is with virtually zero interest rates, and even negative interest rates being proposed. And this is held up as being something that will 'help the economy'. It's pretty much the worst thing that could have happened because house prices are already a completely unsustainable bubble, even after recently falling 20%. The last decade or so ran on a totally false notion of prosperity which was based on a massive housing bubble, until it burst, and now they're just trying to get it going again. Absolutely insane. You can see a discussion in the following thread of all the schemes that British governments have created to prop up the housing market since 2007:

www.housepricecrash.co.uk/forum/index.php?showtopic=188786

Of course, there were several others that pre-date 2007, most notably buy-to-let. Only two groups of people benefit from this. Wealthy investors, and more prominently the banking sector. It literally reduces the standard of living of absolutely everyone else in society, even those who rent because the amount and quality of social housing is rapidly declining.
The true measure of a man is not his intelligence or how high he rises in this freak establishment. The true measure of a man is this: how quickly he can respond to the needs of others and how much of himself he can give - Philip K. Dick.
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Pay 10% of Your Savings to Save the Eurozone 21 Mar 2013 08:47 #360

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wake_up_bomb wrote:
Talking of the banking sector offering loans, what was the primary focus of the budget?

www.guardian.co.uk/money/2013/mar/20/bud...mebuyers-help-to-buy
Budget 2013: Osborne offers homebuyers Help to Buy

Help to Buy scheme offers buyers with a 5% deposit an interest-free loan of up to 20% of the value of most new homes
People can't even make a down payment in order to borrow money which they will pay back several times over in order to have a roof over their head. Now they have to borrow money in order to borrow money. And this is with virtually zero interest rates, and even negative interest rates being proposed. And this is held up as being something that will 'help the economy'. It's pretty much the worst thing that could have happened because house prices are already a completely unsustainable bubble, even after recently falling 20%. The last decade or so ran on a totally false notion of prosperity which was based on a massive housing bubble, until it burst, and now they're just trying to get it going again. Absolutely insane. You can see a discussion in the following thread of all the schemes that British governments have created to prop up the housing market since 2007:

www.housepricecrash.co.uk/forum/index.php?showtopic=188786

Of course, there were several others that pre-date 2007, most notably buy-to-let. Only two groups of people benefit from this. Wealthy investors, and more prominently the banking sector. It literally reduces the standard of living of absolutely everyone else in society, even those who rent because the amount and quality of social housing is rapidly declining.

They're just in total denial, probably praying they make it to their golden parachute and the next thing through the revolving door before tshtf
“Fascists are not human. A snake is more human.” - Hugo Chávez
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