Tuesday, Aug 18, 2009

Real Jobless Total Is Six Million

Daily mail: Dailymail.co.uk

Frightening reality much as many have thought...uk housing market seems to be one giant ponzi scheme based on inflated asset values
Lets face it if we had REALLY had a proper 11 years of boom the we wouldn't have all the debt

Posted by taffee @ 07:16 AM (883 views) Add Comment

5 Comments

1. seanb303 said...

http://www.howitends.co.uk/how-many-people-work.php

Tuesday, August 18, 2009 07:59AM Report Comment
 

2. This comment has been removed as it was found to be in breach of our Blog Policies.

 

3. hpwatcher said...

Let's face it if we had REALLY had a proper 11 years of boom the we wouldn't have all the debt

Yes, someone else would have the debt.

It's classic Labour smoke and mirrors......and 12 years of it.

Tuesday, August 18, 2009 08:28AM Report Comment
 

4. timmy t said...

It was never going to work. The only way for an individual to see this as a boom would be to have sold at the peak and take the cash. But if everyone did that prices would have gone back to their "real" value, exposing the scheme for what it was - cr@p.

Tuesday, August 18, 2009 09:22AM Report Comment
 

5. vacuouspolitician said...

New Labour isn't working...

Tuesday, August 18, 2009 06:12PM Report Comment
 

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