Originally Posted by
luther
And the previous 10 years???
Sorry but nobody brought us to this only ourselves when we turned into a nation of yuppie snobs. Nobody forced us to buy these things with money we didn't have and couldn't pay back.............
I'm sorry Smarty, but to blame the EU for a mess largely caused by ourselves, all be it in the shadow of a global downturn is a total cop out.............
Nobody forced anybody to take this cheap money that was thrown at them, people created this property bubble themselves.
People couldn't exercise a little common sence and self control themselves???
Sadly no, many couldn't and those who did will now also end up paying the price......
And now they expect the government (the taxpayer, you and I) to bail out individuals who got themselves into trouble with second and third properties because they were stroking their own egos and keeping up with the Joneses..........
I'm sorry, I don't mean to sound harsh, but nobody forced them into this position.........
What about a normal Joe Soap who didn't jump on the property bandwagon, and ride the gravey train. Perhaps a small business owner, creating employment, paying his tax and all the rest, living modestly while people went nuts all around him, the guy who sees all his hard work and money invested in his business, and now sees that business close. Who's going to bail him out??? The government??? Will they fuck...........
I'm not getting into the immigration and Eastern European thing cause that the same thing as the EU. Grand while it suits us................
Don't get me wrong, I feel sorry that lots of us are in negative equity and struggle every day to make ends meet but to blame that on the EU because they brought us to that standard is utter BS...........
Smarty I'm not having a go at you here, I really enjoy your posts, I do............