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Agreed, but "in the old days" people set money aside for a rainy day - particularly immigrants.Boro Boy wrote: ↑Wed Apr 01 2020 8:10pm...this crisis has laid bare an economy where the vast majority are one missed paycheck away from financial turmoil...: https://www.futurebuild.co.uk/industry- ... uturebuild
Very clever the way you wrote that.kevinchess1 wrote: ↑Thu Apr 02 2020 5:03pmI read that, in Germany, they have given 5,000 Euros to all the self employed people![]()
I suspect, they remember the last time, a frustrated painter changed careers![]()
The sickness befits and unemployment payments in Ireland are far, far higher than in the UK. it depends on the economy and the conditions of the payment - I doubt VERY much that EVERY self-employed person in Germany has been given €50000, or if so that self-employment there means the same as here.kevinchess1 wrote: ↑Thu Apr 02 2020 5:03pmI read that, in Germany, they have given 5,000 Euros to all the self employed people![]()
I suspect, they remember the last time, a frustrated painter changed careers![]()
Not everyone is spending on "necessities" like a holiday etc. Far too many on zero hours contracts have to use overdraft/credit card to pay for essentials like food and school uniforms because not enough was earned in that month.macliam wrote: ↑Thu Apr 02 2020 2:24pmAgreed, but "in the old days" people set money aside for a rainy day - particularly immigrants.Boro Boy wrote: ↑Wed Apr 01 2020 8:10pm...this crisis has laid bare an economy where the vast majority are one missed paycheck away from financial turmoil...: https://www.futurebuild.co.uk/industry- ... uturebuild
Nowadays, never mind only spending what you earn, people have maxed out credit and overdrafts in order to fund holidays, cars and other "necessities". This has been known and warned aginst for some time......
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