the coming storm Posted June 6, 2011 Share Posted June 6, 2011 Quote Link to comment Share on other sites More sharing options...
Starla Posted June 6, 2011 Share Posted June 6, 2011 My boyfriend is a film critic so I got to see this on DVD at the weekend. I think this should be made essential viewing especially for schoolchildren in the hope that this outrageous abuse of the capitalist system never happens again. It's not exceptionally well filmed, but it's informative in a language that even the most uneducated will understand. Even the Economics column writer for a leading Amercian Newpaper dutifully explained how he managed to destroy himself financially in the feeding frenzy. If I owned property in the UK right now I would be petrified. Quote Link to comment Share on other sites More sharing options...
Game_Over Posted June 6, 2011 Share Posted June 6, 2011 My boyfriend is a film critic so I got to see this on DVD at the weekend. I think this should be made essential viewing especially for schoolchildren in the hope that this outrageous abuse of the capitalist system never happens again. It's not exceptionally well filmed, but it's informative in a language that even the most uneducated will understand. Even the Economics column writer for a leading Amercian Newpaper dutifully explained how he managed to destroy himself financially in the feeding frenzy. If I owned property in the UK right now I would be petrified. Surely you mean if you had a mortgage you'd be petrified? Quote Link to comment Share on other sites More sharing options...
Ungeared Posted June 6, 2011 Share Posted June 6, 2011 My boyfriend is a film critic so I got to see this on DVD at the weekend. I think this should be made essential viewing especially for schoolchildren in the hope that this outrageous abuse of the capitalist system never happens again. It's not exceptionally well filmed, but it's informative in a language that even the most uneducated will understand. Even the Economics column writer for a leading Amercian Newpaper dutifully explained how he managed to destroy himself financially in the feeding frenzy. If I owned property in the UK right now I would be petrified. Not sure about being petrified about actually owning property, i'm sure you mean house occupiers with a large mortgage Quote Link to comment Share on other sites More sharing options...
Starla Posted June 6, 2011 Share Posted June 6, 2011 Surely you mean if you had a mortgage you'd be petrified? Yes, I stand corrected. A mortgage. If I had bought a shared ownership new build, in 2007, on a 100% interest only mortgage, then I would be even more petrified. Quote Link to comment Share on other sites More sharing options...
silver surfer Posted June 6, 2011 Share Posted June 6, 2011 My boyfriend is a film critic so I got to see this on DVD at the weekend. I think this should be made essential viewing especially for schoolchildren in the hope that this outrageous abuse of the capitalist system never happens again. It's not exceptionally well filmed, but it's informative in a language that even the most uneducated will understand. Cool your jets Starla. I've worked for a Hollywood studio for 22 years. Fact is the "most uneducated" will never see a single frame of this. Quote Link to comment Share on other sites More sharing options...
Starla Posted June 6, 2011 Share Posted June 6, 2011 Cool your jets Starla. I've worked for a Hollywood studio for 22 years. Fact is the "most uneducated" will never see a single frame of this. Fair point. Barb Wire is re-released on Blu-Ray for starters. Quote Link to comment Share on other sites More sharing options...
dances with sheeple Posted June 6, 2011 Share Posted June 6, 2011 Yes, I stand corrected. A mortgage. If I had bought a shared ownership new build, in 2007, on a 100% interest only mortgage, then I would be even more petrified. But someone who milked "equity" and/or thought their house was their "pension" shouldn`t throw out the plastic underwear just yet? Quote Link to comment Share on other sites More sharing options...
inflating Posted June 6, 2011 Share Posted June 6, 2011 Isn't much of London still buying property as if "real estate" does indeed rise forever? Then you have posters coming on here, saying that wages have risen 30% since 2001 and that renders property prices back at 2001/2 levels in real terms. So, I don't know what to believe. If only the UK (and not just NI) were showing the falls we see across the pond Quote Link to comment Share on other sites More sharing options...
dances with sheeple Posted June 6, 2011 Share Posted June 6, 2011 Isn't much of London still buying property as if "real estate" does indeed rise forever? Then you have posters coming on here, saying that wages have risen 30% since 2001 and that renders property prices back at 2001/2 levels in real terms. So, I don't know what to believe. If only the UK (and not just NI) were showing the falls we see across the pond if wages had risen 30% the sheeple would be home and dry with their loans? Quote Link to comment Share on other sites More sharing options...
General Congreve Posted June 6, 2011 Share Posted June 6, 2011 (edited) There's a flaw alright and it's ripe for exploitation! Greenspan knew the score back in the 60's, but he lost the plot and started to believe in a new paradigm instead. Now it's going full circle. Back to the (g)old skool baby! Edited June 6, 2011 by General Congreve Quote Link to comment Share on other sites More sharing options...
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