Friday, 14 November 2008

debt, debt, debt

It’s been a long time. Nothing worthwhile to blog about recently. Apart from the British public seemingly getting dumber by the day. How on earth are we still considering these debt loving morons for government (The Labour for those that don't have a clue about what I'm talking about)?

I found out that in France it is looked upon in shame if you are in unnecessary debt. If you want a mortgage you have to go through a brilliantly inhumane vetting process which assesses your health and your living habits. THEY HATE DEBT. The majority of the French rent because they don’t want to be stuck with unnecessary debt. Yes the French will most likely hit a recession, but it will likely be short and relatively painless because they don’t have a debt culture like the British or the Americans. They missed out on the housing bubble, but they didn’t have to fall into shit when the bubble burst.

Our government (I didn't vote for them) is thinking about borrowing more money to get us out of the debt-atude they have placed us in already. So it was because we borrowed too much that we are in this mess, now they are going to borrow more?

Man, how many times does somebody need to spit in your face before you punch them?

If Labour wins the next election, I am moving to France, end of.

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