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  1. #1
    Respected Member bigmarco's Avatar
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    Quote Originally Posted by stevie c View Post
    British gas are tomorrow expected to put gas & electric prices up by 9% this is a disgrace just in time for the winter fuel bills what is this country coming to hitting the poor & elderly Is daylight robbery IMO
    You are absolutely right Stevie. But that is the price we all have to pay for the utilities being privatised all them years ago.
    Sadly the Elderly and the poor are of no interest to all the major funds that now own the shares. Profits and dividends are all that matters


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    Respected Member andy222's Avatar
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    Quote Originally Posted by bigmarco View Post
    You are absolutely right Stevie. But that is the price we all have to pay for the utilities being privatised all them years ago.
    Sadly the Elderly and the poor are of no interest to all the major funds that now own the shares. Profits and dividends are all that matters
    Spot on marco.


  3. #3
    Respected Member imagine's Avatar
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    Quote Originally Posted by bigmarco View Post
    You are absolutely right Stevie. But that is the price we all have to pay for the utilities being privatised all them years ago.
    Sadly the Elderly and the poor are of no interest to all the major funds that now own the shares. Profits and dividends are all that matters
    your absolutly totally right, and it ain't going to stop, domestic fuel,petrol, diesel, food clothing,tax, it will keep spirling upward, and we will spend less and do without because we cant afford it, hence buying less means they put the price up even more to cover that loss too,

    what will happen theres got to be a breaking point


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    Quote Originally Posted by imagine View Post
    your absolutly totally right, and it ain't going to stop, domestic fuel,petrol, diesel, food clothing,tax, it will keep spirling upward, and we will spend less and do without because we cant afford it, hence buying less means they put the price up even more to cover that loss too,

    what will happen theres got to be a breaking point
    It amounts to an erosion in our standard of living. Almost inevitable, unfortunately. What do you reckon?


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    Respected Member imagine's Avatar
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    Quote Originally Posted by lastlid View Post
    It amounts to an erosion in our standard of living. Almost inevitable, unfortunately. What do you reckon?
    for many,, already that standard of living is eroding in front of their eyes, this is is just another blow to them, and bit by bit there will be more dropping to the bottom,

    it just cant go on this way indefinatly without a big bang


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    Quote Originally Posted by imagine View Post
    for many,, already that standard of living is eroding in front of their eyes, this is is just another blow to them, and bit by bit there will be more dropping to the bottom,

    it just cant go on this way indefinatly without a big bang
    Didn't get a chance to reply to this. What will probably "give" is house prices.


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    Respected Member imagine's Avatar
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    Quote Originally Posted by lastlid View Post
    Didn't get a chance to reply to this. What will probably "give" is house prices.
    house prices are already suffering, i don't know about the rest of scotland and uk, but houses are not selling, those that do are sold at much less than their value a few year ago,those with mortgages are struggling to pay because of the increases in living costs,and find they are unable to sell to downgrade to a more affordable property and loan,and it can only get worse


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    Quote Originally Posted by imagine View Post
    house prices are already suffering, i don't know about the rest of scotland and uk, but houses are not selling, those that do are sold at much less than their value a few year ago,those with mortgages are struggling to pay because of the increases in living costs,and find they are unable to sell to downgrade to a more affordable property and loan,and it can only get worse
    Exactly. As people are paying out more on food and utility bills etc, they have less of their income to spend on housing.


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    Quote Originally Posted by lastlid View Post
    Didn't get a chance to reply to this. What will probably "give" is house prices.
    In the distant short term, yes ...long term putting money into bricks and mortar for me always the best place.

    I grant you house prices have fallen in recent times, they will recover..that, im sure of.

    Its like the folks who quickly sell there shares when value drops...really not a smart move....that's surely a time to buy or at least hang onto what you got

    Btw...like its been said..pointless in my mind getting worked up over something you got no control over...for example, there latest fuel rises...not good, I know but, I compare what we pay here in UK and what folks pay in the Philippines for there utilities.... a whole bunch more I can tell you...no heating bills but they sure have electricity bills, they are monstrous.

    Really, it could be a lot lot worse


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    Quote Originally Posted by gWaPito View Post
    In the distant short term, yes ...long term putting money into bricks and mortar for me always the best place.

    I grant you house prices have fallen in recent times, they will recover..that, im sure of.

    Its like the folks who quickly sell there shares when value drops...really not a smart move....that's surely a time to buy or at least hang onto what you got
    If people don't have any money because they have spent it on food and utility bills, then the prices of houses will drop.


  11. #11
    Moderator Arthur Little's Avatar
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    Quote Originally Posted by Arthur Little View Post
    Poor AND elderly ... that's ME!

    Joking aside ... you're absolutely RIGHT, Stevie ... it's a bloody disgrace ... and, as has already been pointed out - by you, Marco and others - a significant portion of the blame rests with the bods responsible for mismanaging this country's economy ... the politicians ... shrewd, yet incompetent, investment bankers like Fred Badwin &c. plus, of course, the omnipresent super-rich and powerful - NONE of whose extravagant lifestyles will these grossly over-inflated price rises make one whit of a difference to.


  12. #12
    Respected Member bigmarco's Avatar
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    Quote Originally Posted by Arthur Little View Post
    Joking aside ... you're absolutely RIGHT, Stevie ... it's a bloody disgrace ... and, as has already been pointed out - by you, Marco and others - a significant portion of the blame rests with the bods responsible for mismanaging this country's economy ... the politicians ... shrewd, yet incompetent, investment bankers like Fred Badwin &c. plus, of course, the omnipresent super-rich and powerful - NONE of whose extravagant lifestyles will these grossly over-inflated price rises make one whit of a difference to.
    Hit the nail on the head Arthur. They are largely responsible for the mess we're in but they're never asked to pick up the tab.
    They'll still be collecting the bonuses and we all sit back and do nothing.
    Apathy Rules.


  13. #13
    Respected Member imagine's Avatar
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    Quote Originally Posted by Arthur Little View Post
    Joking aside ... you're absolutely RIGHT, Stevie ... it's a bloody disgrace ... and, as has already been pointed out - by you, Marco and others - a significant portion of the blame rests with the bods responsible for mismanaging this country's economy ... the politicians ... shrewd, yet incompetent, investment bankers like Fred Badwin &c. plus, of course, the omnipresent super-rich and powerful - NONE of whose extravagant lifestyles will these grossly over-inflated price rises make one whit of a difference to.
    absolutely right has it not always been the case that the stinking wealthy rich rake it in from everyone under them and all the way to the bottom, and why do they get away with it, because if you got so much dosh you can get away with murder


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