Monday, Jun 04, 2007
Another reason why there's so much debt
BBC News: The champagne overdraft
"Everyday folk are trying to buy into the celebrity lifestyle of swanky nightclubs and £5,000 bar bills and plunging themselves into penury as a result. Why?"
I wonder why too! I really do.
Posted by disillusioned @ 05:37 PM (106 views) Add Comment
8 Comments
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1. japanese uncle said...
Tokyo Circa 1990; Even I was having champaign once in a while (or just once more precisely), to selebrate something trifling, which incidentally would cost me 120 pounds a bottle. Now I am buying 30 p a bottle bear (250 ml Stella) at local ASDA. Now people are mesmerized by the 'feel good factor'. But after the rude awakening on the day of reckoning in a year or so, they will be reborn as different human beings and start seeking anything cheaper, as they will simply not be able to afford. Silk ties will be replaced by old polyester ties, swanky M&S food by TESCO baked beans, Mercedez by Skoda, Blackpool by Maldives, etc, etc. Welcome to the world of deflation, folks.
2. shipbuilder said...
A couple of the comments hit the nail on the head - a combination of our totally self-centred and fame-obsessed shallow society with the reality of the 9-5 grind in a soul-destroying corporate drone job. Thanks to the capitalist dream - cheers Maggie.
3. Orwell said...
Well Maggie come back !
She would never have put up with this unmitigated bullshit!
4. Orwell said...
Well that's ok then. Don't aspire to be a Doctor, Lawyer, Teacher, or anyone else professional or otherwise who made the country what it once was...
What sad sad SAD and vacuous people!
I hope the Insolvency Service is suitably hard on them and one can see where the idea of the debtors prisons came from (i.e. Marshelsea etc)where one had to work to pay debts off!
A Court Clerk collleague of mine studying law part time with me once said he could see the benefit in using the birch. Now at the time I thought that this was outrageous
5. Wage Slave said...
"It's something that can spiral very easily out of control all because you don't want to be who you are, you want to be something more than that."
I'd suggest that Gregory stays in for a night and spends the £2,000 champers money he saves on a good psychologist.
6. Matt said...
I would love to replace Blackpool with the Maldives.
7. Scott said...
I agree with orwell, we need a strong leader. Bring back Maggie's dictatorship, and if those workshite anarak-wearing lefty perverts do not like it, they can go out and get jobs.
8. paul said...
It does seem reminiscent of Tokyo in the late 80s and early 90s.
Sky-high property prices, fat city salaries, champagne charlies.
Deflation is a very real risk I agree.