wealthy
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Bank Could Cut Rates Amid Uk Growth Fears
wealthy replied to Sancho Panza's topic in House prices and the economy
So keep interest rates low to allow people to borrow lots of money for a future in which there's no growth to allow them to afford to pay the loan off All makes perfect sense -
HSBC is going of a cliff, a profitable bank with a large divi... this is my bellwether for smart investors perception of the state of the economy right now.
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- asset price bubbles
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It's Too Late, Just Emigrate
wealthy replied to canbuywontbuy's topic in House prices and the economy
Most countries are screwed one way or another though. -
If only they could see the truth, that wealth creation in the UK has been substitued for putting money in the back pockets of a select few that own a significant amount of property. The technology revolution has created masses amounts of wealth and freed up time in automation, you would have thought we'd have all been working less and enjoying life more, instead people are working more to meet their rent and transferring it to boomers who don't work at all. I guess it's like the serfs/peasants, until the black death/fire of london etc. they just accepted their lot. They didn't have access to the internet though...
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Happiest Age? Well It Aint You.
wealthy replied to SarahBell's topic in House prices and the economy
For the boomers it's all winks and smiles For everyone else, there's prozac -
actually how come it hasn't happened already? There's a significant amount of people who have had the metaphorical crap kicked out of them from a life perspective, and are just basically taking it. I've seriously struggled to understand how engineered HPI madness has been allowed to continue in this Country. If someone comes along and nicks a fiver from you, you get angry about it, if they nick a few hundred thousand off you, why is it ok? Honestly, if it keeps going like this I'll have to start instigating a revolution myself
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Actually bands just don't make money, unless you're huge these days. Most of the young ones scrape around trying to "keep going" on live performances but the difference is even if they manage to land a record deal they don't get paid anymore for it. So the game now is to have a laugh till you get a proper job. And it's not about copyright law not working, that's only part of it. It's a combination of a)people being selfish b)no copyright law and c)nothing "special" to own. Songs were broadcast on the radio, you could copy them onto tape.The difference is now, people just don't bother to go the extra step and buy the music as you don't get anything more for it.
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Your whole post is wrong, particularly the bit where you invent this fantasy world where these mythical bands "keep going" on a tin of beans and some determination and people actually pay money to them. The general rule is that musicians don't make money any more, everybody knows it, and it's the direct result of people not paying for music anymore. As far as there being "more music" out there, there's a lot more crap yeah.