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Post by Deleted on Apr 21, 2016 12:30:30 GMT
Back in the Early Days of the recession around 2008 I could see the point in Financial Restraint, Living Within Your Means,I was always unhappy about the role of the Banking Sector and how they were and still are immune from the devastation they caused.By the Banking Sector I don't mean the staff of your local High Street Natwest but the movers and shakers , selling and buying debt,betting markets up and down,market makers,futures and derivatives. I carry out work for a Lady who owns a Tea Company,lives in a Mansion in Hampstead while her husband who finances the business,works as Head of Credit Investigation at a French Bank and when you talk to both of them its like they live in a parallel universe with the garden always rosy, be it increases in London Property Prices or The Holiday Villa in Ibiza,life is always looking up. For the rest of us however it seems Austerity will never end,figures released today show that Osbourne will once again miss his borrowing target for 2015-16 exceeding it by £2 billion. Local Authorities meanwhile have borrowed £6 billion to offset the Government cuts which is up £4 billion on last year.Osbourne's predictions which hinge on optimistic assumptions for revenue from Tax Avoidance Measures and more Welfare Cuts don't impress the Office for Budget Responsibility who predict even greater cuts will have to be made for him to achieve his predictions.I myself am 52,I have to work to near seventy for a state pension,theres a young couple on the boat next door scrimping and saving just to start a family,forget about the property ladder and against this Backdrop I ask you this, IS THERE ANY POINT TO THIS AUSTERITY ANYMORE?
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Post by loafer on Apr 26, 2016 17:20:48 GMT
Cor bugger me, cds. I got as far as the end of the second line! I admire your ability to have opinions like that, but I'm completely unable to discuss. Hope it draws some trade.
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Post by Deleted on Apr 26, 2016 17:30:48 GMT
Cor bugger me, cds. I got as far as the end of the second line! I admire your ability to have opinions like that, but I'm completely unable to discuss. Hope it draws some trade. As long as the trade isn't rough on the Warwickshire Ring ha ha
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Post by peterboat on Apr 26, 2016 20:31:26 GMT
I think the shit we are in is very deep and smelly!! reminds me of the new stateman series with alan bustard mp when they didnt want to win the election that would be me. On a serius note if we get our wish and leave the EU just maybe we will survive who knows
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Post by Deleted on Apr 26, 2016 20:40:09 GMT
Is there an alternative to this Austerity Peter,we both go out and earn a crust in small businesses and both know its pretty shit,and I am not talking about what we have or not as the case may be achieved in the past,I am talking now. This Osbourne is missing target after target and generation after generation are being let down, does another path exist other than the one we are following now.
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Post by peterboat on Apr 26, 2016 20:48:11 GMT
When this first started I could see it happening before it happened, Dave and I tightened our belts and as garages failed all around us, we fought through but still lost over a third of our customer base. Dave now has it all and is using his mums money to expand, friends that are around him in other businesses say that he is working long hours to make a living as he is having to pay his mum back and that is before the steel works might close which will I think finish him off. The time isnt right yet to expand I think but austerity is a bitter pill and I am glad I am not in that rat race anymore
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Post by Deleted on Apr 26, 2016 20:59:02 GMT
When this first started I could see it happening before it happened, Dave and I tightened our belts and as garages failed all around us, we fought through but still lost over a third of our customer base. Dave now has it all and is using his mums money to expand, friends that are around him in other businesses say that he is working long hours to make a living as he is having to pay his mum back and that is before the steel works might close which will I think finish him off. The time isnt right yet to expand I think but austerity is a bitter pill and I am glad I am not in that rat race anymore I am working harder than ever as well ,I have been contemplating purchasing another Flatbed for the business but can't as it is still too uneven and its not like the old days when you could just park a spare vehicle up.It still has to be taxed,motd and insured running or not in addition to the purchase price and forget that SORN carry on because it doesn't allow for a day to day change in circumstance
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Post by peterboat on Apr 26, 2016 22:19:30 GMT
Dont start me with DVLA that will get my blood pressure up!!
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Post by ammodels on Apr 26, 2016 23:42:48 GMT
Aysterity is ideological not financial driven. There is a class war being fought in this country but it is against the lower classes by those who have always had the power.
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Post by Deleted on Apr 27, 2016 4:47:37 GMT
Many praise the Indians for having their corner shops open 24 hours a day 7 days a week, and saying they fill that gap left by the 'Britsh' who are a bunch of lazybones. Is this what we want, working 24/7 so that out politicians have free reign to continue to take the Mickey? I have no problem with 24/7 working,I would simply give someone a job and pay them a decent wage, good dependable people are hard to find because Capitalism want too much of the cake, in some cases in order to pay for more and more Government red tape they have to comply with.
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Post by naughtyfox on Apr 28, 2016 6:48:26 GMT
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Post by Saltysplash on Apr 28, 2016 6:58:39 GMT
Im not sure why people are so up in arms over this Green chappie. He buys a company. spends the profits from HIS company. then Flogs the company.
he's made his money, whats the problem
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Post by naughtyfox on Apr 28, 2016 7:00:18 GMT
Titus Salt may have been able to help with an answer. Something to do with 'morality'. Making money is one thing - how you make it is another.
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Post by Saltysplash on Apr 28, 2016 7:42:36 GMT
But Titus Salt built his empire during vastly different times and circumstances and he likewise didnt go without. he wanted his legacy to continue whereas Green couldnt give a stuff, he just wanted the profits and didnt care if the business grew or not. he then flogged it and moved on.
How many of us last visited BHS and bought something? Me, never, so he wasnt spending my money, and shops come and go, its up to them how they wish to survive, Hell, we all lamented the demise of Woolworths but again, when was the last time I graced their shop floor, probably sometime in the 80's when I bought a pack of c90 cassette tapes.
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Post by naughtyfox on Apr 28, 2016 7:46:38 GMT
I bought 15 pairs of underpants in BHS in Manchester city centre in January.
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