Must be why the UK's exports are BOOMING, the property markets are RISING (I know because I'm buying a house for cash!) and the commerical property market here is fine... unlike in the usa where everything that can be measured is failing and you're about to have catastrophe #2 in the form of the OTHER mortgage crisis.
As an american (at least a responsible one), I can assure you she is the exception and not the rule. I live wihin my means and there needs to be a penalty extracted from those that do not. The idea that people learn from their mistakes needs to be applied here. The gov't doesn't seem to understand that anymore and mistakenly believes the problem lives in the capitalistic system. If we truly had a capitalistic system there would be no bailouts and the bad decisions would be punished.
@flangelet Maybe you should look at the tax laws and incentives we have in the continental United States on people starting their own businesses and investments before you make an ignorant statement like that.
@informedskeptic Unfortunately, those AMericans are not punished. They can file Bankruptcy on their unsecuritized debt, walk away from their debt obligations, and today delete the derogatory items from the three major credit bureaus: Experian, Equifax and Transunion. What a great country!
LOL
Must be why the UK's exports are BOOMING, the property markets are RISING (I know because I'm buying a house for cash!) and the commerical property market here is fine... unlike in the usa where everything that can be measured is failing and you're about to have catastrophe #2 in the form of the OTHER mortgage crisis.
Have fun with it, american loser.
stfu and eat your soup in your tent!
flangelet 2 years ago
As an american (at least a responsible one), I can assure you she is the exception and not the rule. I live wihin my means and there needs to be a penalty extracted from those that do not. The idea that people learn from their mistakes needs to be applied here. The gov't doesn't seem to understand that anymore and mistakenly believes the problem lives in the capitalistic system. If we truly had a capitalistic system there would be no bailouts and the bad decisions would be punished.
informedskeptic 2 years ago
...like you have a say in how the wealthy corrupt class that runs the usa does things!
Try democracy and capitalism before telling me about it! We have it here in the UK... you don't. Or do do you actually believe what your tv tells you?
You'll be telling me you're 'free' next! Sheesh!
Get a clue.
flangelet 2 years ago
@flangelet Maybe you should look at the tax laws and incentives we have in the continental United States on people starting their own businesses and investments before you make an ignorant statement like that.
TGArthur 1 year ago
@informedskeptic Unfortunately, those AMericans are not punished. They can file Bankruptcy on their unsecuritized debt, walk away from their debt obligations, and today delete the derogatory items from the three major credit bureaus: Experian, Equifax and Transunion. What a great country!
TGArthur 1 year ago
LOL
"Real-Estate Orgies"... lol americans deserved to get ripped off!
The garbage of the usa has killed the usa by simply being 'typical americans'; namely greedy, gullible, stupid and emotional.
"Did ya read the paperwork? No, I didn't!"
LOL She was 'misled'! LOLOLOLOL
That kind of trash deserves to get poor and dead.
Americans...you killed the usa.
Thank you! China needed to step up using your face as a footstool!
Welcome to the new reality!
flangelet 2 years ago
i hope she looses everything
klzeplze 3 years ago
She did!
And because she lost everyting, she lost the money your bank lent here... and that is why you live in a tent under a bridge!
Nice going, dummies!
flangelet 2 years ago
you think you have it better in the uk?you fool
klzeplze 2 years ago
Yes. LOTS better in the UK.
You do know home prices are back to 2008 levels BECAUSE THERE IS GENUINELY A SHORTAGE OF HOMES IN THE UK FOR THE *GROWING* POPULATION, right?
Geez! Dumb yanks!
We haven't the same problems in the UK.
We cannot build houses in the non-existant deserts/swamps like the usa. We are a small island with limited space & a growing population.
YOUR american property bubble made no sense. You've no shortage of space in the usa, dummy!
flangelet 2 years ago