Financial crisis: Your questions answered
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- Опубликовано: 27 сен 2022
- Dermot Murnaghan puts Sky News' viewers economic questions to a panel of personal finance experts.
#mortgage #finance #crisis #poverty
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This chancellor must resign!
and be replaced by paul dianiels ?
@@888ssss dobin the donkey couldn't have messed up this bad
Easy fix , police 👮♀️ number ten drag them out to Jail. The British people have had enough of these clowns 🤡
seems detailed.
as someone who accidentally set my volume to 2000%, I can confirm my ears died
*I totally underestimated Liz Truss. I did say that she would trash the economy in six months. Wow she has done it in a week!*
*She makes Theresa May look good.*
It's time for mass wealth redistribution, all people deserve to live full lives not just those who are wealthy
That sounds very communistic. No thanks.
How about redistributing the work effort? There's no something for nothing!
Q1 Who caused it ?
A Gordon Brown.
Q2 Why is it happening ?
A Gordon sold the gold cheap.
Q3 What is the solution ?
A Raise rates to 11% by Oct.
Welp i just lost 20 hours of contract,
Im pretty much f#cked
Chief economist of KPMG has scratched up walls, surely she gets paid well…
CONSERVATIVES PUT THE N IN CUTS
A few decades ago we had double digit inflation and we personally had a mortgage at 14% interest rate. We did not expect or receive government or any other support. The result was eventually a long period of stability at lesser rates. Surely this is now redressing the balance as interest rates have been too low for too long. Also bear in mind that more return on capital or savings is a good thing, as there are more 'savers' than people with mortgages. Plus most mortgages are on fixed interest loans not variable I understand. It is time action was taken to correct a situation that has been allowed to drift for too long. Martin Lewis and the reporters in the media are too young to remember all this so are panicking as they think it is the first time it has happened!
The cost of living was way lower then compared to now, so this would have a larger impact.
A house that is £100,000 today was only £20,000 - £30,000 a few decades ago and interest rates effect wasn’t as much especially when the wage and pay rise is well below inflation today.
As if we can trust the opinions of an invited and approved lefty channel.