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Posts Tagged ‘Financial Servitude’

A housing market correction will be nothing to do with Brexit, Gov’. A lot of people would actually like a 33%+ drop in prices and those who would suffer could and should have been helped by preventative regulation long before now

September 16, 2018 Leave a comment

images (12)Mark Carney, the governor of the Bank of England has become a divisive figure, despite some protestations that his efforts are the only thing keeping the Government sound.

Appointed by George Osborne, some would have been surprised by the recent extension of his Contract, but less so by his intervention this week suggesting that there could be a housing market crash, post ‘no deal Brexit’. He has form when it comes to ‘Project Fear’ after all.

First things first. Bank of England Governor or not, nobody has the level of knowledge of the future that it would take to make a credible prediction of this kind with such clarity and yes, conviction too.

The great irony surrounding Mr Carney’s latest projection is that a great many people throughout the UK would not only welcome a drop in house prices of the kind he has suggested. They would probably go out and celebrate it too.

A correction in the massively over-inflated UK housing market is long overdue and We can be sure that with the experience and background that Mr Carney has, he jolly well knows this too. It’s just very easy right now for him to link anything bad with the all absorbing process and negativity being peddled about Brexit by key people who should really behave better.

Houses in this country have been vastly overpriced for an entire generation already.

The gap between income level and the borrowing necessary to secure home ownership grows exponentially every year.

Yet the people who could do more to bring into check the out of control monster that is the housing market – that’s people like Mr Carney himself, have long since given up on trying to tackle the issues creating the housing crisis head on.

They instead rely on hollow excuses to create policies like aggressive house building which won’t actually solve the housing problem through our Country but will certainly ensure that the green parts of England will soon never ever look quite the same.

Ask yourself this. When was the last time you experienced house prices falling in your local area when a new and probably large housing development was built nearby?

No. House prices are drastically over-inflated and it is only because so little meaningful regulation is placed upon the banks and finance houses, that their unbridled processes of money creation have been allowed to build and consolidate a mountain of private debt for the general population.

Meanwhile those responsible for what is to them a distant reality live gilded lives which are only possible because they have been allowed to create a culture of financial oppression for others which is progressively enslaving the masses whilst the benefits push up prices for everyone but only deliver benefits for the few.

The false world which has been created by the work of the financial sector really is a wonder to behold. But it is not real and it is dangerously dependent upon the security and stability of the financial markets which are intrinsically linked to the wants and whims of traders and government appointed officials, leaving little in terms of cushioning or a safety net located in between.

The correction in the housing market for which many are now waiting could as easily come after a no deal Brexit as it could at any other time.

But if the housing market correction should appear to arrive at the time of our leaving the EU, it will not be because of the decision made in the European Referendum in 2016.

It will do so because of the catalystic behaviour of officials and politicians in the European Union and our Government who have and continue to resist the democratic decision of the British People to complete Brexit.

They have worked tirelessly instead for a mismatch and mess of measures which cannot possibly work as a solution as it has always been their aim to place the UK within a mythical no mans land between us and the EU which could never actually exist, even though they would continually tell us all that it was so.

 

image thanks to thetimes.co.uk

 

Idealism has given young people unattainable expectations within a land of the financially enslaved, where unhappiness is enhanced at a push-button rate

January 11, 2018 Leave a comment

download (13)Verbal head scratching has for many months dominated the media, as our influencers and opinion writers try to come to terms with what really happened for the Labour Party at last Summers General Election.

Of course, the perplexity doesn’t stop there. Somewhere in an office near the Palace of Westminster, a Conservative Party which looks rudderless and without any sincere intention, is desperate to emulate a link with our Nation’s young people; one which appeareances tell them only Jeremy Corbyn could invent.

That people of any age can be intoxicated by drink, drugs, or by the romanticism of the political ideal that everybody should be treated in a same-size-fits-all category is nothing new. Joining a group to further the interests of ourselves is after all hardly something new. Yet the motivation for doing so for each of us will never be exactly the same.

Sadly, politics in the UK has been without real substance for a long time. Policy is made reactively in a very focused way. It does little more than address the effects of issues, rather than going any great distance towards tackling the causes themselves.

Against such a backdrop as this, it has become very easy for politicians to make hollow promises. Corbyn’s soon rescinded promise over scrapping tuition fees for university students was clearly one such gesture. But a population which has been conditioned to believe that we can trust in our leaders and political parties without question simply doesn’t look beyond the words as they are heard – whether it considers itself to be left, right, leave or remain.

Labour’s vote winning stunt is pertinent not because it is political or because it appears to have worked as it was intended. It is illustrative of the complexity of this real problem because it highlights the presence of many questions that politicians should not only be asking – but also answering. Questions about why the various experiences of the politically disenfranchised are now being so well exemplified by the experience of the young.

Higher Education is just one area affecting real lives which has seen its value overturned, whilst giving the surface deep appearance and sense of even greater opportunity being presented to all.

Young people are being actively encouraged to commit themselves to lifetime borrowing to take a wide range of degrees which themselves are increasingly considered by industry to be worthless in terms of the skills that they teach. The students themselves understandably believing that they will automatically find themselves within a glittering career just as soon as they leave full time education.

The commercialisation of the higher education sector has added to the problem considerably. The priority of what at one time would have been arguably some of the best academic tuition available in the world, having now been shifted from the quality of teaching itself, to the accumulation of profit and nothing else. The recent cases of outrageous pay for university leaders is all you will need to read.

Whichever way you look at it, the emphasis is about money. And the experience of education is just where this process begins.

Having been sold the faulty bill of goods which a degree education for many has now become, the opportunities to secure work which will enable young people to quickly move on without a need to go home to their parents is increasingly hard to find.

Profiteering in the housing market has made entry level purchases and tenancies impossible for many. Property prices being exponentially inflated beyond even their realistic ball-park level, with values now being pitched at the ground in the next town and probably way beyond.

The work which is available to many graduates offers career prospects way below what a degree level entrant had been taught to expect when they made their academic choice.

With the attainment of all degrees being deliberately sold to everyone as an academic elixir which will make a graduate in some way better than anyone else, it is little wonder that many see some occupations as simply being beneath them, not only as a job title itself, but in terms of the tasks they will now accept even as they are being on-the-job trained.

Effortless attainment has become the expectation of the next generation. It is backed up by an instant response culture of a click-button-world. And with media saturation reaching the point where we can perceive almost anyone as being accessible to us on our phones or in our own front room, it is little wonder that every young person who is prepared to do what they are told, expects that life will instantly reward them by appointing them as a rock star, MP or CEO.

The young and therefore all of us have been failed by the creation and propogation of a land of unattainable expectation. A fallacious future based on hollow promises, so that politicians can bathe in the glory of transient electoral and policy wins which add up to little more than pyrrhic victories.

For an entire population, a value set which reflects a practical, obtainable and satisfactory level of reality has now been denied. Aspiration has now been usurped by the need for glory and this is a prize you can only win if you make it big financially too.

Generations of politicians are responsible for this perfect storm. They represent all parties, and even those who are today continuing to perpetuate this evolution of chaos, would not recognise a pathway which for many others is already beginning to feel like doom.

The impractical idealism and romanticism of the left has created the illusion for some that a utopia exists where each of us can be equal whilst becoming a king or queen over all. This has been no less devastating than the unleashing of unregulated markets under the increasingly influential neoliberalism of the right, which demonstrates that it really is only those who have unfettred access to money who have any perceived form of real power. Very few of us believe in or have faith in the ability for us all to experience something beneficial in-between.

If government continues to do nothing to resolve this problem, we remain on target to become a Nation lost.

Yet resolution is not just as simple as the exchange of a few simple ideas.

After all, any person who would just like to live a simple lifestyle, without money, is in a position where they simply cannot.

 

image thanks to unknown

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