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UK: Queen Elizabeth II regime facing the beginning of the end
  • Vitaliy_KiselevVitaliy_Kiselev

    As the Eurozone crisis deepens more than 100,000 people could lose their homes if mortgage repayments rise by just £20 a month - a leading charity has revealed today.
    The Bank of England has warned that as UK lenders are hit by higher borrowing costs families should prepare to pay more as the increase is passed down to consumers.
    This could lead to thousands losing their homes if the hike results in mortgage rises of £20 a month because people are already struggling with overdue bills and cards.
    Instead of helping this people, queen regime spends enormous money for celebratations. It is now clear that such regime couldn't last long.

    Via : http://www.dailymail.co.uk/money/mortgageshome/article-2146247/More-100-000-people-lose-homes-mortgage-payments-rise-just-20-month.html

  • 13 Replies sorted by
  • MimirsanMimirsan

    Dailymail is the worst xenophobic,scaremongering and exaggerating UK tabloid going. Take anything they write with a pinch of salt.

    Saying that.

    Im anti regime...Tourists only really come see the Palace and Big Ben ;-)

    Also I rent our home. ;-D

  • Vitaliy_KiselevVitaliy_Kiselev

    @Mimirsan

    Title is made by me. :-) As for tabloid, I just provided part that is simple facts.

  • brianlucebrianluce

    Hard to believe a 20/month increase will cause default on mortgage.

  • Vitaliy_KiselevVitaliy_Kiselev

    @brianluce

    See no problems with it. If you income all goes to payments necessary for your life, like food and home service, even 20 pounds can be enough.

  • kitanokitano

    As much as I'd like to believe or they want you to believe the fact is government is a mere puppet of the queen. They can't do anything without her consent.

    Do you really think the people who colonised almost the whole world will let go of their power.

    Instead they found a better and efficient way to control the world.

    Control the money control the world.

  • soundgh2soundgh2

    Gotta love the Daily Hate paper @brianluce agreed as they've put £4 on a bottle of vodka and cigarettes are near on £10-00 a packet in places - glad I don't smoke anymore or drink ... well lol

  • brianlucebrianluce

    I mean seriously, a Londoner could go outside his house and literally beg and panhandle for 45 minutes and raise 20 squids or whatever they call it.

  • zcreamzcream

    :-) squids are also easy to come by considering that theres a big ocean around.

  • Mark_the_HarpMark_the_Harp

    Oh, journalists love negative stories. That's why I hate them so much. They pretty much caused chaos when a government minister claimed it was a good idea to "stock up" on fuel. But the ensuing panic was caused 100% by the press gloating over this announcement and reporting the queues at stations, predictably causing yet more until they supply system simply fell over and the fuel ran out.

    Anyone outside the UK also needs to know that there's a big difference between how newspapers and broadcast media are regulated. Newspapers in the UK all support a certain agenda and have virtually no regulation. Having said that, in a fast-moving situation like the petrol "crisis" above, it was the broadcasters who were mainly to blame as they were able to follow the whole thing in real time.

    With this finance / Euro story, I would value independent, reliable analysis of what's going on and any historical parallels we can draw. Of course the press will say it's going to be a bloodbath, but journalists say the same thing about everything so that's not worth the paper it's printed on (especially the Daily Mail). Probably the saner analysis comes from sources outside the EU who aren't in the middle of all this and have some perspective. Not saying this story isn't a bloodbath, but running around like headless chickens doesn't do anything valuable.

  • danabramsdanabrams

    One of the ideas in economics is that people make decisions AT THE MARGIN.

    That is, raise or lower the price of something, even slightly, and it will be the straw that broke the camel's back for someone, somewhere. £20 isn't a lot, but for some number of people, at the margin, it's enough to make their mortgages unaffordable.

    That said, it's hard to believe that at £20 the margin is 100,000 people, since there are only about 11 million mortgages in the UK to begin with. 100,000 is nearly 1%. £100 might have that kind of impact, though.

  • leonbeasleonbeas

    well there is the RUMOUR (attention to the word) that in July (Olympic games) some kind of catastrophe will happen in London.

    Search for it.

  • KihlianKihlian

    Probably the saner analysis comes from sources outside the EU who aren't in the middle of all this

    The Italian President has spend in the 2011: 228 million of €, it has alone 2.158 employees, four times those of Buckingham Palace or the White House. Buckingham Palace have their costs on continued reduction, expenditure data are known and knowable by anyone who wants make certain while we know only what the President asked the Treasury to manage its expenses, while the details of how this money is used is not known.

    That´s what Italian Newspaper write..

    http://www.lapennadellacoscienza.it/caro-giorgio-napolitano-troppo-caro/

  • DaleCampbellDaleCampbell

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