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Chartered Insurance Institute Report: a 'Broke Britain' for Young Adults
International News • October 21, 2008
According to a recent report from the UK's Chartered Insurance Institute (CII), "a heavily-regulated and outdated financial establishment has left young adults most at risk in any recession. The ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: American IPOD | OmniSure | Oct 21, 2008, 2:22 pm |
| I feel this way | American IPOD | Oct 21, 2008, 12:53 pm |
| Back to article | ||
Subject: RE: American IPOD
Don't worry, you can just use credit to get the necessities in life. You don't need an increase in wages, easy credit will allow you to keep abreast with the rising costs of goods and services, while your income remains stagnant. No, you never have to pay it back, keep turning it over till you die, keep refinancing your home till you move into a government sponsored old folks home (that's what the mortgage brokers recommend). Yes!!! Easy credit has allowed the masses to survive over the past 20-30 years, with no real gains in income... What's that, easy credit is no longer available, you actually have to be able to afford the things you need within your income?
NEVER MIND.