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Subject: the sad reality is now reality...
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unclealbert


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22/07/2008 5:53 PM Alert 

More families struggle to make ends meet

The number of families struggling to make ends meet has increased substantially with only half now considering their financial situation to be comfortable, a new report says.

 

It found that the amount of people who regard themselves as "comfortably off or managing easily" dropped from 64 per cent in 2006 to around half this year.

At the same time those who described their circumstances as "pretty tight" jumped from 25 per cent to 39 per cent, according to the survey of 1,927 adults for Mintel.

The number of people who are finding their financial commitments "almost impossible" and may have already missed payments has doubled to 4 per cent.



http://www.telegraph.co.uk/news/uknews/2445742/More-families-struggle-to-make-ends-meet.html

Asteve


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23/07/2008 8:39 AM Alert 
Soundtrack


unclealbert


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23/07/2008 10:01 AM Alert 
Quality answer!...I prefer something a little bit more upbeat...

http://www.youtube.com/watch?v=5L5H16mlSHI

Out of interest, New Zealands' biggest finance company has frozen it's funds...
'Hanover Finance'...the credit company which up until a short time ago boasted adverts on TV saying, "The New Zealand business with the size and strength to withstand ANY conditions."


How arrogant is that ? as they'd already seen tens of large NZ financial institutions go belly up, some paying back 'investors' only 19 cents in the dollar.

I used to smile to myself reguarly every time I saw it come on just before the weather bulletin.


http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10523117


* The ad

Visuals: Wind-blown clouds, finishing with Hanover's logo and website.

Voiceover: By Richard Long, "This weather update is brought to you by Hanover, the New Zealand business with the size and strength to withstand any conditions."

Poetic Justice I guess.

Asteve


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23/07/2008 10:31 AM Alert 
Unless I missed something, the lyrics of my soundtrack were more politically cutting... ;)

I don't remember seeing any adverts for Hannover Finance - but I do remember the "flying pigs" advert for Zurich just before serious problems were uncovered that lead all the way to the boardroom.

That was funny.
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