World Politics Stuff (not brexit)

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Re: World Politics Stuff (not brexit)

Postby D41 » 04 Apr 2021, 17:00

So you'd agree that as far as saving money goes, it's just "people being people" rather than based upon location, nationality, etc.?

$400 in savings sucks BTW...I have more than that in my sock drawer.
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Re: World Politics Stuff (not brexit)

Postby Stonesie » 04 Apr 2021, 17:22

It's a world of credit, I have only recently wrangled my own credit into some kind of order and now have a reserve fund of about £500 (Growing weekly) along with minimal credit card debt.

Since paying off one card I am getting multiple offers for bigger and bigger loans from that company at very tempting interest rates... Almost as if they want the poor to stay in debt...
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Re: World Politics Stuff (not brexit)

Postby duke63 » 04 Apr 2021, 19:36

D41 wrote:So you'd agree that as far as saving money goes, it's just "people being people" rather than based upon location, nationality, etc.?

$400 in savings sucks BTW...I have more than that in my sock drawer.


The USA always makes claims about being the land of opportunity and personal wealth but the facts don't bear that out.

The UK is just following the same sad route.

The more pertinent point is about a third of all dollars every printed, were printed last year. No doubt the UK is similar

I do know that over 90% of all UK Government borrowings last year were from the Bank of England and it printed over £1 trillion last year.
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