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we the sheeple

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About we the sheeple

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  1. we the sheeple

    Calm Down Hpcers, Recovery Is Real

    Love David Smith, wrong more often than a stopped clock.
  2. Just to clarify, at 30 years the debt would grow to £248,900 Any periods of high inflation would easily whack it over the million mark. And they've systematically pedalled this deal to children ffs.
  3. Wow, no one ever seems to ever do the maths on this horrendous scheme..... Interest rate on the old system running at 1.5% p.a. To quote the new system "From 1 September 2012 until 31 August 2013, the interest rate for ICR loans taken out in 2012 will be 6.6% (RPI, plus 3%)." Let's say, new student graduate has borrowed 3 * 9K fees + 3 * 4K living costs Interest clicking away as follows. 6.60% 1 39.00 2.57 2 41.57 2.74 3 44.32 2.92 4 47.24 3.12 5 50.36 3.32 6 53.68 3.54 7 57.23 3.78 8 61.00 4.03 9 65.03 4.29 10 69.32 4.58 11 73.90 4.88 12 78.78 5.20 13 83.98 5.54 14 89.52 5.91 15 95.43 6.30 16 101.72 6.71 17 108.44 7.16 18 115.59 7.63 19 123.22 8.13 20 131.36 8.67 21 140.03 9.24 22 149.27 9.85 23 159.12 10.50 24 169.62 11.20 25 180.82 11.93 26 192.75 12.72 27 205.47 13.56 28 219.03 14.46 29 233.49 15.41 30 248.90 16.43 Paying back 9% of income over 21K. Assume you start work at 21K, you would need 8% p.a. income growth to only just pay it off at 30 years. Excellent system, definitely not a tax on jobs Mr Clegg.
  4. With QuidCo you could start with the Aston Martin at beginning of week, pawn you way through each less expensive item in turn, just about have enough cash for a designer sandwich by the end of it. Nobody would guess.
  5. Mmmm. Tastes a bit like chicken.
  6. we the sheeple

    Location Location Location

    classic repeat yesterday with the couple moving from fulham to house near grantham half way through they bid on a wreck with a 450k guide. krusty asked them for their top dollar (600+250 rennovation) bid accepted (hooray) .. they agent mis-mailed them the list of all bidders and their bids. second highest bid very close to the guide. classic. http://www.radiotimes.com/episode/g5bn/relocation,-relocation--series-4---4-pj-and-hereward krust and phil - the agents double agents
  7. we the sheeple

    Making An Offer On A Brighton Flat

    If its an older property in Brighton, google "Bungaroosh"
  8. we the sheeple

    This Is Not Gods Work - Bill Gross

    Starring Angela Knight?
  9. http://blogs.wsj.com/deals/2011/02/02/bill-gross-this-is-not-gods-work/ Hits the nail. Finance Industry is a Utility - Shuffles and Skims the wealth generated by others. Pretending it's vital to the economy is confusing the rude health of a massive Parasite with the near death if its Host.
  10. we the sheeple

    Houses built In The 1920S

    Brighton is special - just google Bungaroosh
  11. Total farce "New Lending" includes increasing loan facilities, rather that loan facilities actually taken up. So, banks just do the rounds of their clients who don't borrow money, and sign them up for bigger overdrafts. Bonuses sorted.
  12. Whole area is right on sea level. May well be uninsurable and unmortageable
  13. How big is the problem? 70B doesn't sounds a bit passe in these days of monster bail outs Problem is, Eire population is approx 4.5m. I make it 160K per man/woman/child
  14. we the sheeple

    Fraudclosure

    Yes, point three. Now the big players are calling FRAUD and wish to be made whole again, could be tricky for banks to eat ALL of their own sh!t. I'm lov'in it!
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