Part 1 to this thread contained an extensive dream interpretation that suggested we are heading for a time when many in Western society will eventually be financially "underwater," meaning the market value of their homes will decrease until they are worth less than what is owed on them. The thread also dealt with religious aspects, and how there may even be some in Christian leadership who become predatory in this scenario, and ask believers to donate property to the churches under the pretense of being able to continue living in them until the time of their deaths.
In Part 2, I will keep the religious aspects of the discussion out of it, and simply focus on the Standard of Living Decline that appears to be already underway. People in the UK are feeling it already, as the following article - sent in by a man who lived through conditions during World War II - bears out. Conditions like these are what may eventually lead to some having no choice but to borrow on their homes just to survive.
'Standard of living lower than I had during the war'
With pensions virtually frozen and prices rising at their fastest rate since records began I now have a standard of living lower than I had during the 1939 to 1945 war. Fifteen years of living with pensions that fall in real terms every single year leave me living in poverty which is defined as having 60 per cent of the national minimum wage.
After paying part of my rent I am left with around 30 per cent of the national minimum wage, a level which is called being destitute. To try to avoid getting into debt with rising prices I have switched off my house lights and all heating while putting on more clothes when home as necessary when sitting in a chair. I now drive my car as little as possible while at the same time changing into a higher gear as soon as possible. When shopping in the supermarkets I only buy food from reduced counters when it is almost out of date.
The downside to this avoidance is that we will slide into a severe recession followed by the biggest collapse in the value of the pound the UK has seen for many years which will push up the price of all imports to the point they become even less affordable.
DOUGLAS MILLS
Fraser Road, Poole
Part 1 to this thread:
In Part 2, I will keep the religious aspects of the discussion out of it, and simply focus on the Standard of Living Decline that appears to be already underway. People in the UK are feeling it already, as the following article - sent in by a man who lived through conditions during World War II - bears out. Conditions like these are what may eventually lead to some having no choice but to borrow on their homes just to survive.
Letter: 'Standard of living lower than I had during the war'. 19th May
Letter sent in by subscriber'Standard of living lower than I had during the war'
With pensions virtually frozen and prices rising at their fastest rate since records began I now have a standard of living lower than I had during the 1939 to 1945 war. Fifteen years of living with pensions that fall in real terms every single year leave me living in poverty which is defined as having 60 per cent of the national minimum wage.
After paying part of my rent I am left with around 30 per cent of the national minimum wage, a level which is called being destitute. To try to avoid getting into debt with rising prices I have switched off my house lights and all heating while putting on more clothes when home as necessary when sitting in a chair. I now drive my car as little as possible while at the same time changing into a higher gear as soon as possible. When shopping in the supermarkets I only buy food from reduced counters when it is almost out of date.
The downside to this avoidance is that we will slide into a severe recession followed by the biggest collapse in the value of the pound the UK has seen for many years which will push up the price of all imports to the point they become even less affordable.
DOUGLAS MILLS
Fraser Road, Poole
'Standard of living lower than I had during the war'
WITH pensions virtually frozen and prices rising at their fastest rate since records began I now have a standard of living lower than I had during…
www.bournemouthecho.co.uk
Part 1 to this thread:
Returning To A 19th Century Standard Of Living Soon?
Greetings all! I just posted this elsewhere, but thought it might be good to post it here as well. It would give me a chance to say hello to everyone again as well. :) But the question of this thread is: Will we be returning to a 19th Century standard of living in the not-too-distant future...
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