interestrateripoff Posted July 3, 2009 Share Posted July 3, 2009 I have been wondering what I've got for all of this debt this nation is in. We might have more highly paid nurses/doctors and even middle management, but value for money what has improved. For me I want investment that's going to reduce my costs of living, not keeping on increasing them. So can anyone tell me what we've got for our over the past 20 - 30 years that has helped to improve this nation. Or has all the money just been pointlessly p155ed up against a wall? Any takers? Massively in debt and nothing to show for it? Quote Link to comment Share on other sites More sharing options...
Guest DissipatedYouthIsValuable Posted July 3, 2009 Share Posted July 3, 2009 Well, you have all these lovely houses no-one can afford, the Internet, an education experiment that doesn't seem to be working too well, and lots and lots of pensioners. Quote Link to comment Share on other sites More sharing options...
Tonkers Posted July 3, 2009 Share Posted July 3, 2009 Massively in debt and nothing to show for it? You now own Jonathon Ross. Quote Link to comment Share on other sites More sharing options...
babesagainstmachines Posted July 3, 2009 Share Posted July 3, 2009 2 wars and the hatred of Muslims Quote Link to comment Share on other sites More sharing options...
Guest DissipatedYouthIsValuable Posted July 3, 2009 Share Posted July 3, 2009 You now own Jonathon Ross. There's only so much enjoyment to be gained from coloured suits and speech impedimentia. Won't someone list him on Freecycle in Bulgaria? Quote Link to comment Share on other sites More sharing options...
Tonkers Posted July 3, 2009 Share Posted July 3, 2009 There's only so much enjoyment to be gained from coloured suits and speech impedimentia.Won't someone list him on Freecycle in Bulgaria? We should parachute him into China as a warning: your future may include an overpaid turd Quote Link to comment Share on other sites More sharing options...
Danny Deflation Posted July 3, 2009 Share Posted July 3, 2009 Or has all the money just been pointlessly p155ed up against a wall? Wake up and smell the Nescafe - the money has been squandered. It's been well and truly pi55ed up against the proverbial wall. Our hapless government has been as responsible as an individual getting themselves into 40-odd grands' worth of debt by spending money on cocaine and lapdancers. In addition for paying for our politicians' extravagant lifestyles, your taxes have been squandered on pointless wars, the Royal Family, expensive ideas like the Millennium Dome and the 2012 Olympics, ID cards, surveillance of the population, managers and consultants in health and education - the list goes on. I feel deeply sorry for the two soldiers recently killed in Afghanistan, but what have they died for? Sod all, apart from the bloody-mindedness of our leaders. Quote Link to comment Share on other sites More sharing options...
Laura Posted July 3, 2009 Share Posted July 3, 2009 For me I want investment that's going to reduce my costs of living, Buy a big cheap camper conversion (plenty on eBay, OH just looked) & get out of the UK fast. I'm serious. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted July 3, 2009 Author Share Posted July 3, 2009 Buy a big cheap camper conversion (plenty on eBay, OH just looked) & get out of the UK fast.I'm serious. Leave the wife and kids behind? Would that be for the best? Quote Link to comment Share on other sites More sharing options...
Tonkers Posted July 3, 2009 Share Posted July 3, 2009 Leave the wife and kids behind? Would that be for the best? I was halfway to Heathrow on Tuesday before my commitments pulled me back. MUST GET PET PASSPORT Seriously? Camper van, Europe. Quote Link to comment Share on other sites More sharing options...
Sceptical Posted July 3, 2009 Share Posted July 3, 2009 (edited) Well, the rich have got richer, so richer rich is one thing we've got. http://www.oecd.org/dataoecd/47/22/41528630.pdf Edit: better sentence. Edited July 3, 2009 by Sceptical Quote Link to comment Share on other sites More sharing options...
VeryMeanReversion Posted July 3, 2009 Share Posted July 3, 2009 I have been wondering what I've got for all of this debt this nation is in. You now own most of the UK banking system with a net value below 0. Please insert £1 trillion to play again. VMR. Quote Link to comment Share on other sites More sharing options...
porca misèria Posted July 3, 2009 Share Posted July 3, 2009 You now own most of the UK banking system with a net value below 0.Please insert £1 trillion to play again. VMR. I need to buy a better printer All the money is now in the assets of homeowners who bought pre-bubble and are still sitting on massive unearned equity. Another 60% or so off house prices would get us back the value of our money. Quote Link to comment Share on other sites More sharing options...
Laura Posted July 3, 2009 Share Posted July 3, 2009 Leave the wife and kids behind? Would that be for the best? We know of couples with children who travel fulltime & educate on the road. The French system seems particularly well set up for this posting to wherever you are. Seriously? Camper van, Europe. Seriously, -- (& I don't mean long winter stays on a Spanish campsite either; not recommended for sanity preservation!) You wont believe how much you save but not shelling out in the UK.....then again most HPCers probably would believe it We still miss the life, but got bogged down happily with this mostly sunny cheap shack. Still got the camper though. It's one of the contingency plans & why stick to Europe? - some don't Quote Link to comment Share on other sites More sharing options...
cells Posted July 3, 2009 Share Posted July 3, 2009 Plus have you not considered that naturally even without all this debt your life should be better. After all we have a lot more tech now than 30 years ago. It is the central bank and the government fully at fault Lets say for example some cleaver engineer genetically modifies food so that it grows 10x faster and is 10x cheaper in the shops. So the weekly food shop goes from £50pw to £5pw. Great for all of humanity you would think. But what does the central bank and the government do? Well the government says food is too cheap and slaps a £45 pw tax on it to spend on crap pet projects. The central bank panics and thinks oh crap we have deflation!! Lower interest rates to increase inflation!! So they lower interest rates and the value of assets like houses shares and businesses go up. So although you benefited from cheaper food, you lost out in higher house prices. All thanks to the central bank! All of mans inventions and knowledge in improving productivity goes to the rich via asset price inflation. Quote Link to comment Share on other sites More sharing options...
R K Posted July 3, 2009 Share Posted July 3, 2009 What is it exactly that you want to have to show for it? Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted July 3, 2009 Author Share Posted July 3, 2009 What is it exactly that you want to have to show for it? I would like a harem of women. Is that being unrealistic? Lower energy consumption. Living a more sustainable lifestyle. Lower bills. Cheaper booze. Quote Link to comment Share on other sites More sharing options...
Danny Deflation Posted July 3, 2009 Share Posted July 3, 2009 I would like a harem of women. Is that being unrealistic?Lower energy consumption. Living a more sustainable lifestyle. Lower bills. Cheaper booze. Seems like a fair-enough request. Certainly better than spending the money on blowing up little countries that cannot defend themselves properly. Quote Link to comment Share on other sites More sharing options...
Vagabond Posted July 3, 2009 Share Posted July 3, 2009 (edited) The best is yet to come. What you're actually going to have, regardless of what you want, are higher taxes and a lower standard of living. Unless you're rich. Or a MP. Or a banker. Etc. Ninja edit. Edited July 3, 2009 by littlest Hobo Quote Link to comment Share on other sites More sharing options...
bomberbrown Posted July 3, 2009 Share Posted July 3, 2009 Wake up and smell the Nescafe - the money has been squandered. It's been well and truly pi55ed up against the proverbial wall.Our hapless government has been as responsible as an individual getting themselves into 40-odd grands' worth of debt by spending money on cocaine and lapdancers. In addition for paying for our politicians' extravagant lifestyles, your taxes have been squandered on pointless wars, the Royal Family, expensive ideas like the Millennium Dome and the 2012 Olympics, ID cards, surveillance of the population, managers and consultants in health and education - the list goes on. I feel deeply sorry for the two soldiers recently killed in Afghanistan, but what have they died for? Sod all, apart from the bloody-mindedness of our leaders. http://www.amazon.co.uk/Squandered-David-C...9486&sr=8-1 Quote Link to comment Share on other sites More sharing options...
kzb Posted July 3, 2009 Share Posted July 3, 2009 The top 20% of people have got even richer. If you're one of the other 80% though, tough. I know we don't like Polly Toynbee on here, but she came out with this on C4 news last night. During the 5 "boom years", by which she presumably means 2003-2007, the GDP of the top 20% grew as claimed. The other 80% did not see ANY growth in GDP in 5 years. Now that same 80% are expected to bail out the top 20%. Quote Link to comment Share on other sites More sharing options...
Guest sillybear2 Posted July 3, 2009 Share Posted July 3, 2009 You got this :- Quote Link to comment Share on other sites More sharing options...
f00 Posted July 3, 2009 Share Posted July 3, 2009 (edited) ...So can anyone tell me what we've got for our over the past 20 - 30 years that has helped to improve this nation.... 20-30yrs ??? can we limit the scope of discussion to the last 12 years during which we've been saddled with more taxes than ever before. thanks Burning our money Edited July 3, 2009 by f00 Quote Link to comment Share on other sites More sharing options...
Si1 Posted July 3, 2009 Share Posted July 3, 2009 You got this :- ooh he looks happy Quote Link to comment Share on other sites More sharing options...
Guest sillybear2 Posted July 3, 2009 Share Posted July 3, 2009 ooh he looks happy He has every reason to be. Compare and contrast :- Quote Link to comment Share on other sites More sharing options...
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