Stealing food to solve the food crisis.

Lowland1

Member
Mixed Farmer
Modern folks have the car, sofa, kitchen, oven , dishwasher, washing machine , new teeth, pets and holidays on finance along with mortgage! Debt is a way of having everything they want now rather than as they can upscale and afford it
There’s nothing wrong with financing things but people do need to know how to handle their finances also I do think that companies offering financing need to do their homework. There’s a tendency to force debt onto people who aren’t financially savvy.
 
Modern folks have the car, sofa, kitchen, oven , dishwasher, washing machine , new teeth, pets and holidays on finance along with mortgage! Debt is a way of having everything they want now rather than as they can upscale and afford it
Just how much do you have to want or have???
Debt should only be used for housing not for cars, unecessary furniture or holidays.
Or just like a socialist politician/government , do young people, have no concept of debt responsibility/repayment???
 

Werzle

Member
Location
Midlands
Just how much do you have to want or have???
Debt should only be used for housing not for cars, unecessary furniture or holidays.
Or just like a socialist politician/government , do young people, have no concept of debt responsibility/repayment???
Alot have been used to managing debt even from the uni debt days, banks giving OD's to teenagers etc . Turn on the tv and its want want want, fine for folks with wages that can afford all the repayments though
 

Werzle

Member
Location
Midlands
That's all OK until interest rates go up.
Remember when interest rates were nearly 30%!!!
Everybodys in so much debt now that they cant put rates up much and if they talk about it people borrow more to discourage it. Government would need massive balls to bankrupt hundreds of thousands of voters, government itself is strapped worse than most
 

SFI - What % were you taking out of production?

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