The Villan - PM
Date: 24 May 08 - 05:20 AM

Well I, like a lot of other people are struggling to survive with all the infaltionary costs etc.



As evidence that the Labour Government is leading us into poverty. that hardly begins to do, dear Villan.


Don,

   Don(Wyziwyg)T - PM
Date: 23 May 08 - 05:13 AM

"If you all really think we don't know the importance of consuming to our society, and nobody has forced the point on us, tell us what you think the consequences would be if everyone no longer found mortgages, more clothes, cars, holidays, replacement kitchens, insurance, more food than for survival, drink, DIY, gardening stuff, the latest gadgets, if we no longer found them necessary for our happiness or satisfaction?"


If everyone did as you suggest, then shareholders of companies would have to accept a lower return on their investments, as they would not be able to switch their cash to more lucrative concerns.

Only if the reduction in consumption were partial, would the collapse that you hint at take place, as investors withdrew from the less lucrative investments.


if nothing else, your scenario for the consequences seems to me painfully inadequate, and hardly get going as an account of all the immediate and medium-term consequences.


   Ivor chuchkala