Machine finance paid off

[Punch]

cash flow is the Bain of my life never got it when i want it

We have cash flow all the time. It's usually flowing the wrong way.

 

[pappuller]

No it won't, it will not be allowed to.

It will deflate and then will be pumped back up, it always does.

 

[ARW]

 

[Robw54]

Yes, I suppose for us it's the smaller jobs that need doing yet aren't really big enough to warrant finance but still need paying for somehow: patching concrete, machine reapairs (handbrakes etc), all that sort of stuff that adds up to a good few K. Should be paying for it with cash flow but in our position at the minute is a bit hit and miss. Shouldn't think I'm the only one...........like to think I'm not alone anyhows!

I'd get on top of the small jobs that make life easier. Take a small loan for a year if you want to do it all in one hit and minimise tax or pay as you go. Fix up old kit where worth it. No point having one shiney machine with the place falling down around it.

 

[Princess Pooper]

Absolutely priceless

 

[neilo]

Until we (the country) can't afford to keep it going.

The UK is piling debt ontop of debt... we are pretty close to breaking point already.

I agree. The UK economy is built like a tower of cards, with a gobal event like the 2007 crash making everything look very precarious. Without a radical, and unpalitable, rethink, one day, it will all topple down. Rest assured it will be propped up by artificial money for as long as possible though, as the alternative would be unthinkable.

 

[Nithsdale]

I agree. The UK economy is built like a tower of cards, with a gobal event like the 2007 crash making everything look very precarious. Without a radical, and unpalitable, rethink, one day, it will all topple down. Rest assured it will be propped up by artificial money for as long as possible though, as the alternative would be unthinkable.

The country is already past the point of no return, when it comes to debt. It won't be a case of wether it would allowed to fail in another recession - it will be a case of we (literally) can not afford to stop it from happening.

Those who say itl never happen sound like Gordon Brown when he proudly declared "no more boom and bust" just before a period of prolonged boom, ended in bust...

 

[Hampton]

No it won't, it will not be allowed to.

That's what they said in America before the sub prime fiasco. They had to ditch Lehman brothers and it nearly finished Goldman Sachs.
I kind of agree with you, but only up to a point.
On another tack, I found out that only people who earn over £55k will ever pay off their student loan. That sounds like a timebomb

 

[Y Fan Wen]

On another tack, I found out that only people who earn over £55k will ever pay off their student loan. That sounds like a timebomb[/QUOTE
So, in effect, it is actually a student grant which is what me and my sibs had.

 

[Martin Holden]

Debt creeps up on individuals and nations alike. Freely available credit has spurned so much "borrow and buy" - it was the source of the escalating property prices but that has slowed somewhat. It's moved into many other walks of life, cars, computers, mobiles etc, etc. As others have said it's not inconceivable that the world or many parts of it could go bankrupt! That would create such a knock on scenario that the outcome doesn't bear thinking about! If economies relied on only buying what you can afford to pay for outright, the world would be a vastly different place altogether!

 

[marco]

It's actually all horseshit, in a word quantitative easing. the ability to create new money out of thin air and pump it into the economy.

 

[Martin Holden]

It's actually all horseshit, in a word quantitative easing. the ability to create new money out of thin air and pump it into the economy.

True, but it's false money as it hasn't been created by trade!

 

[David.]

That is why any tangible assets worth having seem to have got expensive; they haven't, the b*stards have rotted our money's buying power away.

 

[caveman]

That is why any tangible assets worth having seem to have got expensive; they haven't, the b*stards have rotted our money's buying power away.

Exactly.
And we can't even revert to a "Mars bar economy" because they are only half the size they were 25 years ago.
I was going to say.....
How many Mars bars would of bought a JCB telehandler 25 years ago as compared to today?...... but realised the fundemental flaw in Mars bar currency.

 

[Pheasant Surprise]

RIP John Clarke, a great talent!

 

[ratchet spanner]

Yes, I suppose for us it's the smaller jobs that need doing yet aren't really big enough to warrant finance but still need paying for somehow: patching concrete, machine reapairs (handbrakes etc), all that sort of stuff that adds up to a good few K. Should be paying for it with cash flow but in our position at the minute is a bit hit and miss. Shouldn't think I'm the only one...........like to think I'm not alone anyhows!

Fix all the handbrakes now

 

[milkloss]

Fix all the handbrakes now

Bit excited about these handbrakes. I get it but it's not the point of my post. Every machine used everyday is safe, has a handbrake and loler ticket if required

 

[banjo]

This was quite comical, on one of the grass tv vids an Irish guy was being talked to in a tractor about slurry spreading and tractor buying, his answer was
" nothing like tractor finance to get you up in the morning, I love it "
Not my reaction but probably True though !