Morlock, as we see already in Greece, the minor changes in circumstance suggested in a not overly rich country has got everyone foaming at the mouth and on the streets... when this comes to the UK in full (leader in Europe for anti social behaviour) imagine for a second a world when-
When mum and dad tell their feckless 23 year old unemployed son/daughter living at home that they cant get any more credit cos mums only working part time & creditors are banging on the door, dads lost his job -so NO he cant have a fiver for drugs or a contract I Phone!
When Mr and Mrs Posh Socks suddenly realise they cant afford the 4 bedroom home and 2 nice cars as well as the 2 kids (1 at a paid school) as they already owe £300,000 in mortgage and credit cards!
When the government having drained every other source of tax revenue that it can get away with, then starts taxing savings at the full rate, taxing alcohol at a massive rate, taxing pretty much anything thats left but most of all attacking those who (like myself) have stayed in the black, are not up to their elbows in debt by making us work much harder for much much less... thats already happeningThats when you will see the penny drop and it will get very nasty, the poll tax riots will be minor! Until then everybody, don't challenge, don't question and go shop... you're saving the country 😉
Heres some numbers to play with-
9,300
Number of new debt problems dealt with by CAB each day
£57,937
average household debt
£181m
personal interest paid in UK daily
every 11.2 minutes a property is repossessed
1,995 people made redundant every day
1000 people seek some form of formal debt rescheduling plan every day
£4,316 a second increase in Government national debt
And to top it off our borrowing on mortgages, credit cards and personal loans (NOT government) now exceeds our GDP of approx £1.4 trillion this year, throw in the £.75 trillion to bail out the banks it not looking so good is it 😮
Anybody with half a brain should by now be banging on their MPs door asking why this has been allowed to happen but also asking themselves did I really need that new lap top and car perhaps ?
Meanwhile the political parties keep churning out these amazing but fiscally impossible schemes for debt reduction whilst skirting around the truth.. There has to be massive tax hikes and massive cuts! Payback time is coming soon!
Aaaaaaaaaaaaaaaaaaagh Creeper!!!!!