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Old 18-10-2011, 11:23   #10
Hugh
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Re: UK CPI inflation rate rises to 5.2% in September

Quote:
Originally Posted by Chris View Post
Yes. Like a skilful drug dealer, the loan-maker highlights the instant hit whilst obfuscating the long-term consequences. And he gets away with it because the way our society is built, from the ground up, requires us all to be in debt so we keep on working and consuming.

Frankly, it stinks.
Erm, people have a choice - they don't need the latest phone, console, SuperDry clothing, etc.

They also have a responsibility that they don't spend more than they earn - call me old-fashioned, but borrowing money is a two way transaction; no one holds a gun to either party's head.....

---------- Post added at 10:23 ---------- Previous post was at 10:23 ----------

Quote:
Originally Posted by Chris View Post
Oddly enough, Dickens is widely recognised as one of the foremost social commentators of his age.
Agreed - I always remember Mr Micawber's saying.....

My other piece of advice, Copperfield, said Mr. Micawber, you know. Annual income twenty pounds, annual expenditure nineteen nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery. The blossom is blighted, the leaf is withered, the god of day goes down upon the dreary scene, andand, in short, you are for ever floored. As I am!
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