Comments on: Immediate and delayed gratification http://nourishingobscurity.com/2009/12/29/5463/ Thu, 09 Feb 2012 02:38:27 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: dearieme http://nourishingobscurity.com/2009/12/29/5463/comment-page-1/#comment-4268 dearieme Tue, 29 Dec 2009 17:38:01 +0000 http://nourishingobscurity.com/2009/12/29/5463/#comment-4268 Car? Suits? Jeans? You extravagant bastard, Mark. Car? Suits? Jeans? You extravagant bastard, Mark.

]]> By: CherryPie http://nourishingobscurity.com/2009/12/29/5463/comment-page-1/#comment-4254 CherryPie Tue, 29 Dec 2009 14:44:48 +0000 http://nourishingobscurity.com/2009/12/29/5463/#comment-4254 The more debt you get into the more you end up paying for everything and everything spirals out of control. The more debt you get into the more you end up paying for everything and everything spirals out of control.

]]> By: Mark Wadsworth http://nourishingobscurity.com/2009/12/29/5463/comment-page-1/#comment-4251 Mark Wadsworth Tue, 29 Dec 2009 14:22:12 +0000 http://nourishingobscurity.com/2009/12/29/5463/#comment-4251 I'm all in favour of having a few physical possessions, but never had a problem saving up for them. If I tot up the replacement cost of my computer, mobile phone, second hand car, a few suits and pairs of jeans, TV, DVD/VCR combi, hi-fi, iPod and so on, I doubt it's more than £10,000, maybe as little as £5,000? I fail to see how a normal person couldn't acquire all this stuff in two or three years once they get a job by saving up and buying it. You might be overlooking that 80% or 90% of debt in the UK is mortgages to buy overpriced houses (and mortgages from equity release). The Home-Owner-Ists have managed to twist the logic to say that taking on a crippling mortgage debt is a sign of being grown up and responsible, which is just one of the many lies and contradictions that the Home-Owner-ists use to paper of the cracks of their economic ideology. I’m all in favour of having a few physical possessions, but never had a problem saving up for them. If I tot up the replacement cost of my computer, mobile phone, second hand car, a few suits and pairs of jeans, TV, DVD/VCR combi, hi-fi, iPod and so on, I doubt it’s more than £10,000, maybe as little as £5,000? I fail to see how a normal person couldn’t acquire all this stuff in two or three years once they get a job by saving up and buying it.

You might be overlooking that 80% or 90% of debt in the UK is mortgages to buy overpriced houses (and mortgages from equity release). The Home-Owner-Ists have managed to twist the logic to say that taking on a crippling mortgage debt is a sign of being grown up and responsible, which is just one of the many lies and contradictions that the Home-Owner-ists use to paper of the cracks of their economic ideology.

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