Announcement

Collapse
No announcement yet.

The Death of the British BMW driver?

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • The Death of the British BMW driver?

    Well the vast fleets of them anyway.........
    http://rt.com/news/162368-uk-middle-class-disappear/
    Mike

  • #2
    Re: The Death of the British BMW driver?

    Originally posted by Mega View Post
    Well the vast fleets of them anyway.........
    http://rt.com/news/162368-uk-middle-class-disappear/
    Mike
    A government advisor says the middle class is going to disappear?

    Probably time to think about how to bet on a resurgence of the middle class
    ‘Tiny elite, huge proletariat’: UK middle class to disappear in 30 years, govt advisor says

    Published time: May 29, 2014 20:19

    High property prices will wipe out the British middle class within the next 30 years, according to a UK government advisor. He says society will be left with a “tiny elite” and a “huge sprawling proletariat.”


    “The really scary thing is if in the next 30 years house prices rise as much as they have done in the last 30 years, then the average house in Britain will cost £1.2 million (US$2 million),”
    said David Boyle, a British author and a government advisor who is a fellow of the New Economics Foundation...

    Comment

    Working...
    X