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The Masked Tulip

'in Despair Over Debt'

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Tragic. Yet another family.

A couple found dead as their two young sons played nearby were plagued with money worries and had lost their family home after being made redundant.

Barry Harrison, 47, is believed to have strangled wife Amanda, 34, before hanging himself at their seaside flat.

It has emerged that the devastated couple had lost their £100,000 property after losing their jobs at a recession-hit car manufacturing plant.

Read more: http://www.dailymail.co.uk/news/article-1302369/Isle-Wight-deaths-Couple-despair-debt.html#ixzz0wNfj06D3

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The pair met several years ago while working at Peugeot’s plant in Ryton, near Coventry, but became victims of the credit crunch when the car plant closed in 2007 with the loss of 2,300 jobs.

Noting to do with the credit crunch and a hell of a lot to do with the credit bubble.

http://news.bbc.co.uk/1/hi/england/coventry_warwickshire/4919312.stm

Jean Martin Folz, chief executive of Peugeot Citroen, said on Tuesday a study showed Ryton had high production and logistical costs.

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Lee Harrison, 19, who lives in Coventry, described him as 'one of the nicest men you could ever meet'.

Barry Harrison, 47, is believed to have strangled wife Amanda

:blink:

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The pair met several years ago while working at Peugeot’s plant in Ryton, near Coventry, but became victims of the credit crunch when the car plant closed in 2007 with the loss of 2,300 jobs.

Noting to do with the credit crunch and a hell of a lot to do with the credit bubble.

http://news.bbc.co.uk/1/hi/england/coventry_warwickshire/4919312.stm

Jean Martin Folz, chief executive of Peugeot Citroen, said on Tuesday a study showed Ryton had high production and logistical costs.

...didn't say ..easier to make people redundant in the UK compared to France..... <_<

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Very sad. On that Irish radio call-in posted on here yesterday there was somebody who has to talk to people about their debts who said he kept a glass of water and box of tissues on the table at all times because so many of them would come in and break down in tears. A lot of people are going to be shocked by the adjustments forced upon them by a bursting bubble here.

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Noting to do with the credit crunch and a hell of a lot to do with the credit bubble.

+1

Sad as stories like these are, this is what we get when the population are herded toward a lifestyle of debt.

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...didn't say ..easier to make people redundant in the UK compared to France..... <_<

True, the banksters like it this way - treasure island, just a financier's play thing - ****** everything else.

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Many killers (often Male) by definition are sociopaths and mask there antisocial traits. However the press always get

a quote,"he was such a loving Husband and Father" etc.

I can assure you, every street in the land has one.

BS :ph34r:

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It is thought he had run up debts of £75,000 doing the house up, but it was eventually sold for just £60,000.

'They lost their jobs when Peugeot finished and spent their redundancy on the house.

'She got a job at Sainsbury's and he found some work somewhere but it wasn't enough and they couldn't keep the mortgage up.

Very sad, bad financial sense is a killer.

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...didn't say ..easier to make people redundant in the UK compared to France..... <_<

Ahh oui.

You have not the unions, but the nice Mrs Thatcher :D:D:D Vive le handbag.

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+1

Sad as stories like these are, this is what we get when the population are herded toward a lifestyle of debt.

I'm not so sure. If debt caused this behaviour, we would see a lot more of it. More likely debt is just the catalyst for an already toxic situation, most likely caused by clinical depression. Journalists just like to latch on to these kinds of stories and need something to blame. It was the same a few years ago with a clinically depressed man who killed himself after losing a winning National Lottery ticket.

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I think we should wait for some detail on this case. One paper said they had spent £75K redundancy money on improving a £100K house.

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I think we should wait for some detail on this case. One paper said they had spent £75K redundancy money on improving a £100K house.

Yes, very bizarre. Could it be that they were trying to emulate all the programs on TV that showed us how easy it was to do up a house and sell it for a fortune?

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I think we should wait for some detail on this case. One paper said they had spent £75K redundancy money on improving a £100K house.

Yeah, deffo. Do you think blue is a better colour than green?

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Just seen it on HUTH, house bought for 55k? in March 2009 spend a thousand 'doing it up' valued by EAs at 85k so a clear 30K profit. How many people see this and think - I could do that. The guy in Dover even had to buy tools ie he had never done any serious DIY and the EAs said the finish was poor but he 'made' 30k.

I think the voice-over deliberately mis-represented the EAs. They said the finish at the moment was poor and that after it was done up properly, it may fetch £85k. Lucy then jumped on this to say he had 'made' £30k. Not til it's completley renovated he hasn't.

As another poster pointed out, 3 house closeby that one in Dover sold for £142k for all 3 earlier this year.

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How bloody heart breaking – the kids did not deserve that or the manner of their parents (possibly father’s) final actions the selfish fooking twit – being found hung in the kids room. And what absolute idiots blowing their redundancy on chintzing up their house.

Sorry to be harsh but that is so upsetting the way the kids were found.

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The quality of the Wail's journalism jumped out at me after reading that article. The Coventry Telegraph mentions they had money troubles, and that they spent their redundo on the house which was later repo'd. Not once does the local paper try to quantify the amounts.

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Sounds like they had a very serious row...he strangled her....probably nagged him into it.

Debt is a killer...blaming each other for a bad decision will make a bad situation worse.

funny thing though, they were in a place and the kids were dressed and out playing.....how was life so bad??

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tip of the iceberg in my opinion.. I think we are going to be hearing a hell of a lot more stories like this over the next 2-3 years

when the 'image' is all but sucked dry and people have to wake up and realise that they are truly fooked, suicide will be a fairly logical option...

it's so expensive to be poor in this country that people simply will not be able to get back to zero... £35 a day bank charges for being 1p past an agreed overdraft... 24% credit card interest, 3300% payday loan interest.. falling property prices.. negative equity.. store cards.. student loans...

seriously.. what are they gonna do?

some will tighten the purse strings and react positively, but many many others will not be able to take the harsh reality that they are in fact very poor and outright screwed and their ego will prevent them being able to accept this and come down to reality.

in fact, perhaps mass suicide will be the catalyst to HPC due to many homes coming on to the market :lol:

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Guest DissipatedYouthIsValuable

Is this sort of thing deflationary?

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in fact, perhaps mass suicide will be the catalyst to HPC due to many homes coming on to the market :lol:

Well, you know the original metaphor for the housing bubble in the US - keep drinking the koolaid. It comes from the mass suicide in Jonestown, where the fruit drink was used to mask the taste of cyanide.

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Well, you know the original metaphor for the housing bubble in the US - keep drinking the koolaid. It comes from the mass suicide in Jonestown, where the fruit drink was used to mask the taste of cyanide.

A pedant writes: In fact, the Jonestown potion was (grape) Fla-Vor Aid - a cheaper version of Kool-Aid. Laced with cyanide and valium; it did the trick OK. The electric Kool-Aid Acid test was a 60s LSD thang.

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  • 238 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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