This is particularly acute with rich Greeks seeking a place to invest their millions like rats deserting a sinking ship as has been reported in the national press.
The government with their lax tax laws allow them to buy up property in central London.
At first thought this sounds good because money is coming to Britain but this means that property prices are ramped up with a knock on effect. First, those trying to buy homes in London then to those trying to rent leading step by step to increased prices down the road here in Ulverston making it impossible for people to buy or even afford to rent.
The other effect of course is to exacerbate the problem for Greece to balance its economy.
Cameron adopts a hypocritical position that the economic crisis is all the fault of the Eurozone countries whereas in fact the above policy increases the problem by syphoning off money from Greece which is desperate for investment.
The Conservatives will soon be weeping crocodile tears at the plight of the Greek people while at the same time aggravating the problem by encouraging money to come to this country to benefit our rich and in effect take it away from our poor.
We move step by step towards a society of haves and havenots. We too are moving towards a financial crisis as the poor rebel at their suffering with the prospects of riots again on our streets with our angry young people having little hope for their future.
3 comments:
You're forgetting Labour in this sorry mix, they did nothing under their watch
Hi Dave, Good to hear from you.
I think it is far more helpful to look at the present and see what can be done.
At the moment we have a sad lot of political leaders who are all allowing things to get worse. As with most politicians at a local level they all tend to do the least possible except for a few shining stars.
The hike in property prices though is a most blatant Tory policy - it favours the haves. The last thing people who own houses want is to see the value of their property go down yet this is what must happen if we are to avoid severe social unrest. An almighty explosion is about to go off within the next five years and we must do all we can to modify its effect.
The impression most people have is that we are powerless. However we can all do something.
This can start with getting to know the plight of the people down our street followed by those a few blocks away.
On a national level there are tools like Avaaz which can send a strong message where each little drop registers to crate a flood of protest.
We/I need to learn how to use them.
We have to be focussed and recognised our own limitations while not become overpowered by the enormity of a problem.
Depression is literally a killer and we need to keep our spirits up and fight effectively.
For my part I believe very strongly in building comminities so that people feel less isolated.
Wouldn't it be great if we could get some doers (of any political persuasion - preferably none-party)elected at the next election in May?
Better start acting now.
Further thoughts expressed elsewhere on Facebook:
The question posed by the Evening Mail concerned young people falling into debt in 2012. It implied that young people have to learn to cope. Wouldn't a better question be: What can we do to help young people have the hope of buying a house as I was able to in 1960 at the age of 25 with one years wages (£900) ?
At this very minute Tories welcome the rich from abroad (many from Greece - rats deserting a sinking ship) to come and buy our houses for millions with the knock on effect that house prices stay up, when the majority know that they need to come down. - Doesn't the whole sytem need to be turned upside down as the Occupy movement is trying to do, by challenging the powerful rich.
What I think we will see this year is young people refusing to put up with patronising attitude suggested by Evening Mail question and fighting back this year to challenge us all to change our leadership by championing more radical solutions.
Let's be ready to listen to angry irrational outbursts and avoid bloodshed wherever possible.
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