futurepaul

To quote someone a little greater than me: This is (nearly) the end of the begining not the begining of the end

In priciple I agree however we can't afford it. I propose free Uni places limited to 1.4 times the number of predicted jobs availible in the related sectors job sectors to the degree subject. Charge for the ones that don't and don't allow any loans for these subjects. People might actually do maths and science instead of media and art. Don't get me wrong media and art a important but they need to be proportional. PS If you send the young out the country they: -Might not come back at all wanting dole -Won't vote, protest or revolt

Different Franchiase owner with better management?

Scaffold tower, harness, pavement tax, Hard hat, risk assessment, method statement, tradesman, tradesmans mate, parts Cones and signage, liability insurace tell him you'll do it for a grand cash

EAs now live in Wooky Hole

IMO This bull trap is with us until at least Septemer 09 and won't go properly bear until: Election Date + Emergency Budget Time (40 Days) + Sheepie Realisation Time (say 90 days) Worryingly this is roughly Sept 2010 I am hoping it's more like Oct 09 I am going for +0.7

Yes I have even heard of a website where people blog about the ups and downs of house prices have they not got anything better to do

I feel sorry for kids in short: Get rubbish school education Pay for a Degree Get poorly paying job /internship No chance of buying house or investing No viable state pension Pay for the errors of your elders Pay an extra £10 for the new tour of duty game or suffer reality

YTS by another name.

Airbus have already built their first plane in China this year It'll go recovery or not

Remenber this is relative poverty, few (hopefully none) pensioners will actually starve. There is a growing gap between the rich and the poor in this country for everyone. Older pensioners suffer from isolation there are alot better equiped for the new world than the rest of us who can't live without skinny lattes and ipods Age concern and the government know pensioners vote in record numbers. Age concern are flexing their muscles. To make sure when the cuts come it's rich and the young who get hammered first.

http://www.creditaction.org.uk/july-2009.html Debt Statistics / July 2009 Total UK personal debt Total UK personal debt at the end of May 2009 stood at £1,459bn. This has slowed further to 1.4% in the last 12 months which equates to an increase of ~ £17.9bn (the increase was ~£116bn in January 2008). Total secured lending on dwellings at the end of May 2009 stood at £1,226bn. This has slowed further by 0.2% to 1.3% in the last 12 months. Total consumer credit lending to individuals at the end of May 2009 was £233bn. This has continued to fall to 2.3% in the last 12 months. Total lending in May 2009 grew by £0.6bn; secured lending grew by £0.3bn in the month; consumer credit lending grew by £0.3bn (total lending in January 2008 grew by £8.4bn). Average household debt in the UK is ~ £9,305 (excluding mortgages). This figure increases to £21,640 if the average is based on the number of households who actually have some form of unsecured loan. Average household debt in the UK is ~ £58,360 (including mortgages). If you add to this the 2009 budget figure for public sector net debt (PSND) expected in 2013-14 then this figure rises to £116,200 per household. Average owed by every UK adult is ~ £30,480 (including mortgages). This is 132% of average earnings. Average outstanding mortgage for the 11.1m households who currently have mortgages now stands at ~ £110,480. Britain's interest repayments on personal debt were £66.2bn in the last 12months. The average interest paid by each household on their total debt is approximately £2,650 each year. Average consumer borrowing via credit cards, motor and retail finance deals, overdrafts and unsecured personal loans has risen to £4,860 per average UK adult at the end of May 2009. During May 2009 Britain's personal debt increased by ~ £1 million every 77 minutes. In January 2008 Britain's personal debt increased by ~ £1 million every 5.3 minutes.

Privitise Profit and when things go wrong Nationalise debt This will create a greater wealth division between the insurable clash and the uninsurable class

bvgger thought it looked ok. 0 number blindness in my calculator. My only excuse is 799bn is a really big number

Thats £1311 for each person in the uk or £2755 for each employed person in the uk Is a pound a week ok?

As Homer Simpson would say "A bigger boy made me do it"

This is possibly a joke but it would get the tax payers back to work quickly enabling more tax to be paid

I am pretty much in the same position no one reallly knows the future enjoy what you have. Keep working on a deposit if things become affordable in the next few years then great, if not spend it on those once in a life time things. I am in my thirties and earn more than double most of my houses (retail, nursing, unemployeed, etc). Don't just look up you will never be happy look down too you are qualified and above averagly paid. Recently I met a divorcy who was taking 50% of her husbands wage (£75k) in maintenance, children in private school and a nanny and she said and I quote 'We are living hand to mouth' any it was my fault I did not earn similar money, while wering a £3.8k Rolex. I have met richer and poorer people who are much happier with their lot be one of those. You must be prepared to accept you may never get the money for a house. Once you do this you will be a bit happier All my friends bought houses when I went to Uni. In hindsight investing in education was not the best idea but no one can reposes my skill knowledge and education. Take them and do your best

Are we actually still in the denial phase of this bust still or are we close to acceptance? Any thoughts Personally the graviety of this sh!t has yet to hit sheepie two things I always come back to Util interest rates go up borrowers are sheltered from reality and until taxes/cuts are put into action everybody are sheltered from reality. Therefore it brings me back to we are still in the denial phase. Am I right or wrong?

I am fully aware of the size of the problem, what are your thoughts?

Cost Cutting Cut MP numbers by half and widen representation areas Cut/remove final salary scheme for all civil servants Cut NHS services like IVF Free bus passes raised to 65 Pay freeze in civil service for 3 years Put police on long term not active duty (sick/injury) into alternative police rolls or remove them. Say control room, PCSOs, Crime prevention etc. Ditch Nuclear Subs and Nuclear Missiles purchases Reduce BBC to 2 channels and BBC online, sell Eastenders (if it looses money). Concentrate on news and experimental programmes and formats it can sell. Remove Benefits for any single parent receiving over £1000 per month in maintenance Stop ID cards Incentives Incentives for technical + environmental innovations which can be exported Tax Incentives on: Exercise related hobbies Bicycles Private Health Private Education Revenue Increase Increase tax on: Carbon Rubbish Packaging High fat foods Smoking Off License alcohol Charge for parking at counsel /civil service offices for employees Legalise cannabis and tax it Increase use of prisoners to generate income or enhance neighbourhoods (litter picking etc) Performance Improvement Introduce Balance scorecards for counsel / civil service performance and publish them every month. Introduce DMAIC/ six sigma cost saving projects and publish the goals and performance quarterly for all projects with over £250000 saving Only engage in contracts where the cost risk is on the supplier with liquidated damages not the government e.g. NHS software Bank Bonuses /Regulation All bank bonuses to be held in FTSE spread share portfolio for 9 years before able to sell

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Pear Shaped Remember you can't buck the market, but you can effect the gradient and timing of the slopes with massive stimulus packages. It just prolongs the paid (except goldman sachs) for everyone on.

Local Mean income in Leam is 38k I think and the Willes Road House would and go on Right Move for 450- 500k ish. depending on whether its north of the River or South (Flood Plain and Snobbery Price Differetial) IMO this is a very desirable address.

Typical the government only want to tackle symtoms not causes. Once they get that through their thick heads the country will be on it's way to being a better place. I won't hold my breath