the_duke_of_hazzard Report post Posted May 17, 2010 http://news.bbc.co.uk/1/hi/business/10118346.stm We're 5 times richer than we were in 1960! Except we're not. We sold off council property to the poor so we're "richer" as a whole nation. Strip that out and it's 3 times richer. And much of the rise in household wealth is due to propoerty price increases. And it doesn't take inflation into account, so it's more like we're 40%-70% poorer if you allow for that. Happy days. Share this post Link to post Share on other sites
righttoleech Report post Posted May 17, 2010 shafted and hung out to dry Share this post Link to post Share on other sites
osbaldwick Report post Posted May 17, 2010 shafted and hung out to dry Shafted, hung out to dry and told we should feel good about it!! Share this post Link to post Share on other sites
erat_forte Report post Posted May 17, 2010 errr... this appears to be gross, with no mention of household debts? Share this post Link to post Share on other sites
Georgia O'Keeffe Report post Posted May 17, 2010 errr... this appears to be gross, with no mention of household debts? spoiolsport, if you ignore that that wealth is countered by the fact that it is someone elses debt, which they cant actually pay anymore then the UK is uber rich Share this post Link to post Share on other sites
erat_forte Report post Posted May 17, 2010 "doesn't take inflation into account" - it says "at today's prices". Share this post Link to post Share on other sites
winkie Report post Posted May 17, 2010 No we are not richer...we just have more toys to play with. Share this post Link to post Share on other sites
