Friday, Feb 09, 2007

All Jan Pay Goes On Ave Debt Interest Alone

unbiased.co.uk: UK works whole of Jan just to clear interest on debts

£2K interest on an average person’s personal debt, it would take someone earning the UK average of £23K, all of Jan to earn enough just to service the outstanding interest on their debt, let alone re-paying the actual debt itself.

Posted by nearly30 @ 09:53 PM (178 views) Add Comment

1 Comment

1. japanese uncle said...

What a clever way to enslave people under the control of financial institutions! Just mobilize all media to drive the herd of the unthinking, to skyrocket house prices. Thereafter, "house prices are a matter of opinion, the debt shall remain real" principle will apply.

Saturday, February 10, 2007 09:23AM Report Comment
 

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