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| Author: | LeighGionaire [ Tue Dec 06, 2011 10:09 pm ] | ||||
| Post subject: | The Growing Gap Between Rich And Poor | ||||
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| Author: | Saddened! [ Tue Dec 06, 2011 10:16 pm ] |
| Post subject: | Re: The Growing Gap Between Rich And Poor |
Well that's great. But how does it ever change? My Mum tells me stories about how in her day you had to join a waiting list to get a mortgage because there wasn't money created in the way the banks do now. She had to wait 4 years to get a mortgage she said. I can see the point the protestors are making, but what are their proposed solutions to this? |
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| Author: | SBR [ Tue Dec 06, 2011 10:18 pm ] |
| Post subject: | Re: The Growing Gap Between Rich And Poor |
Another video perpetuating the myth that banks create money. |
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| Author: | Mintball [ Tue Dec 06, 2011 10:22 pm ] |
| Post subject: | Re: The Growing Gap Between Rich And Poor |
SBR wrote:Another video perpetuating the myth that banks create money. When in fact they, and big business, just nick it from everyone of the rest of us. |
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| Author: | Dally [ Tue Dec 06, 2011 10:24 pm ] |
| Post subject: | Re: The Growing Gap Between Rich And Poor |
Why do people think they should borrow so much money? I was brought up with the idea that debt is a bad thing. The problem with debt is it needs to be repaid at some time. |
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| Author: | Damo-Leeds [ Tue Dec 06, 2011 10:29 pm ] |
| Post subject: | Re: The Growing Gap Between Rich And Poor |
Mintball wrote:When in fact they, and big business, just nick it from everyone of the rest of us. Big Business and the banks are just bailiffs on a bigger scale. There’s a lot of everyday people that can’t pay off their debts to these banks and big Business. So ‘nicking’ money as you put it is the only way these institutions can get back what they’re owed. That's my understanding of it all anyhow.. |
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| Author: | Dally [ Tue Dec 06, 2011 10:32 pm ] |
| Post subject: | Re: The Growing Gap Between Rich And Poor |
Mintball wrote:When in fact they, and big business, just nick it from everyone of the rest of us. Come on, grow up! Big businesses 'nick' money off you because you patronise them. If you don't like them take your customer elsewhere and they will become smaller businesses. The people who do nick money are the public sector pension grabbers. |
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| Author: | Enicomb [ Tue Dec 06, 2011 10:46 pm ] |
| Post subject: | Re: The Growing Gap Between Rich And Poor |
Damo-Leeds wrote:Big Business and the banks are just bailiffs on a bigger scale. There’s a lot of everyday people that can’t pay off their debts to these banks and big Business. So ‘nicking’ money as you put it is the only way these institutions can get back what they’re owed. That's my understanding of it all anyhow.. I think there's a very simple answer to that, don't borrow money you can't afford and live within your means. |
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| Author: | Mintball [ Tue Dec 06, 2011 10:49 pm ] |
| Post subject: | Re: The Growing Gap Between Rich And Poor |
Dally wrote:Come on, grow up! Big businesses 'nick' money off you because you patronise them. If you don't like them take your customer elsewhere and they will become smaller businesses. The people who do nick money are the public sector pension grabbers. Well indeed. Banks like HSBO didn't use the money from ordinary people to gamble with, did they? |
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| Author: | peggy [ Tue Dec 06, 2011 10:50 pm ] |
| Post subject: | Re: The Growing Gap Between Rich And Poor |
so nobody should take out a mortgage in case they get made redundant or perhaps loose their job through ill health? How many of you could buy a house in one cash payment thus having no mortgage to pay? |
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