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Dave Beans

815 Billion Quid "wiped" Off Household Wealth Last Year

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I dont feel any different.

thats the trouble with ponzi finance, there never was any real value there in the first place.

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I dont feel any different.

thats the trouble with ponzi finance, there never was any real value there in the first place.

Absolutely! In fact, you can be sure more like 4000 billion quid [which never existed] has been ""wiped" Off Household Wealth Last Year".

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Guest UK Debt Slave
Thats over 31 thousand quid per household..

http://www.dailymail.co.uk/news/article-12...-household.html

Yeah, but it's £815 billion of 'paper' wealth isn't it?

My home is worth 40K lass than it was 2 years ago. So what!

If everyone had tried to cash in their chips at the same time, the housing market would be in a far worse state than it is now

Shame I didn't cash in mine though! :rolleyes:

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