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This is a link post graphics showing (and listing to be honest) the amount of UK debt.
To think that a Labour administration encouraged this to happen is fucking shocking.

Total Personal Debt: £1,545 billion.
 (I helped save b3ta! Avast is still alive!!!!, Mon 14 Feb 2011, 12:06, Reply)
This is a normal post fuuuuck
by having meagre savings... that makes me... rich! Hooray!
 (I helped save b3ta! gaijintendo Regular Member, Mon 14 Feb 2011, 12:15, Reply)
This is a normal post TAKE SOME RESPONSIBILITY:
i dont have any personal debt, nor does my partner, or any of our friends, this is because we are not all fucking numpties who think the objects we own reflect our status in life...

no one put a gun to your head and told you to take on personal debt....
 (DefyingDarwin Old, untalented and white,, Mon 14 Feb 2011, 12:15, Reply)
This is a normal post ^ this
Also - how the hell is this attributable to the labour government?
 (I helped save b3ta! barryheadwound Mul-ti-pass? Multipass!, Mon 14 Feb 2011, 12:26, Reply)
This is a normal post personal debt at the end of the previous administration was
£300 billion. this is 5 times that figure. labours lax regulation of finance, and allowing debt companies to push debt. encouraging huge fuck off mortgages etc etc.
 (I helped save b3ta! Avast is still alive!!!!, Mon 14 Feb 2011, 12:30, Reply)
This is a normal post "encouraging huge fuck off debt"
THAT YOU DIDNT HAVE TO TAKE:

"allowing debt companies to push debt"

How much debt are you in AVAST, and who is to blame except yourself?

lets just cut to the fucking chase shall we....

sometimes the only one to blame is yourself.
 (DefyingDarwin Old, untalented and white,, Mon 14 Feb 2011, 12:33, Reply)
This is a normal post i aint in fucking debt u moron, this is not about me ffs.
wow, when u aint got a coherent argument you resort to personal attacks? that is fucking lame.

there are people out there who aint bright, cos education has been on a 30 yr decline, and these people don't properly understand how this stuff works. is it ok for them to be conned/ripped off/led into debt by banks, companies etc etc? and who governs the regulatory climate in which this is done? the government.
 (I helped save b3ta! Avast is still alive!!!!, Mon 14 Feb 2011, 12:37, Reply)
This is a normal post hook, line and thinker.
there are people out there who aint bright, cos education has been on a 30 yr decline, and these people don't properly understand how this stuff works. is it ok for them to be conned/ripped off/led into debt by banks, companies etc etc? and who governs the regulatory climate in which this is done? the government.


actually most of the people i'm talking about who weren't stupid enough to take on personal debt fall into the group you just described...

But your right, the poor and uneducated do need protecting from the evil nasty world, and by the look of it, your just the sort of person who would be perfect for that job... you could be like the modern day robin hood, guiding those poor feckless losers to the path of light.

or are you just posting links on message boards?
 (DefyingDarwin Old, untalented and white,, Mon 14 Feb 2011, 12:46, Reply)
This is a normal post you're not your.

(I helped save b3ta! tickle I was away, Mon 14 Feb 2011, 15:29, Reply)
This is a normal post lol
LOL
 (DefyingDarwin Old, untalented and white,, Tue 15 Feb 2011, 12:56, Reply)
This is a normal post cos avast is
a tory.

trolling dont have a cow.
 (DefyingDarwin Old, untalented and white,, Mon 14 Feb 2011, 12:30, Reply)
This is a normal post i aint a tory mate ffs
after 17 years of education cuts to state schools and laws designed to help priviledge private schools i am hardly gonna vote for them. However labour have ran up a fucking massive debt, and used the odious PFI system to suck money off the poor to give to the rich. e.g: £11 billion of hospitals will cost $65 billion over the next 30 years

see: www.guardian.co.uk/politics/2010/aug/13/nhs-pfi-65-billion-bill-repayments
 (I helped save b3ta! Avast is still alive!!!!, Mon 14 Feb 2011, 12:35, Reply)
This is a normal post Totaly agree
PFI is a travesty. You should join the Labour party, there are alot of members that would agree with you. Its only by getting involved that the majority progressives can stop the rightwing of the party getting control. I mean look how close it was between the Millibands, one side of the party vote for what they want the country to look like, the other half vote for what they think the fictional 'middle england' want the country to look like. The most unpopular policies of Labour were the right wing ones, yet we still get a Tory government who end up being worse. Something needs to change, and it starts inside the party as far as I'm concerned.
 (I helped save b3ta! Jorvic, Mon 14 Feb 2011, 13:08, Reply)
This is a normal post we could all go down to our local city square and protest about it
but top gears on iplayer.
 (DefyingDarwin Old, untalented and white,, Mon 14 Feb 2011, 13:22, Reply)
This is a normal post you don't have to be a tory to criticise labour

(I helped save b3ta! Rebel biscuit stercore sumus et nos esse novimus, Mon 14 Feb 2011, 12:36, Reply)
This is a normal post yeah like i said
its monday, im just fanning flames.
 (DefyingDarwin Old, untalented and white,, Mon 14 Feb 2011, 12:37, Reply)
This is a normal post I've paid off my mortgage
Don't owe a thing. What do you think of that, then? Eh?

Absolute bollocks. I'm so screwed I'm thinking of selling a kidney
 (Jazzspasm, Mon 14 Feb 2011, 12:33, Reply)
This is a normal post i'll buy it
will sell it on ebay as "used meat"
 (I helped save b3ta! Avast is still alive!!!!, Mon 14 Feb 2011, 12:38, Reply)
This is a normal post How do you buy a house
without personal debt? I had a nice job (10 years or so), I got married and we took out a mortgage. Then my partner went to prison so to keep my home (why should I lose it? I had done nothing wrong) I had to pay all the bills where they had been previously shared. I took on two extra jobs, and just got by.
But then I got made redundant from my main job. The redundancy just carried me over until I managed to get another job, less money. Three years later: redundant. I got another job. 5 years later? Redundant. This time, finding work was even more difficult so I took what I could. I ended up a qualified areospace engineer working in a clothing warehouse... that is, until I was made redundant. Now I run a charity and the council have just announced a 30% cut in our grant.
What I'm getting at is although I have worked hard all my life and have never signed on or claimed a benefit, I am still up to my ears in debt. There wasn't really any other way to survive.
 (I helped save b3ta! TheSundaeLunch I'm a fucking shrub, alright?, Mon 14 Feb 2011, 13:32, Reply)
This is a normal post Labour are in no way responsible at all for the state of the economy
no, not at all, definitely not.
At all.
 (I helped save b3ta! WormuIus, Mon 14 Feb 2011, 13:40, Reply)
This is a normal post Good for you.
Aren't you so fucking perfect.

I hope your attitude is the same when you suddenly lose your job and can't get another that pays nearly as much and you discover that your income does not balance the books and your mortgage is now too large to pay but you cannot move as the housing prices have dropped.

Some people take on massivly large debt on cards for things they dont need, and they are idiots, but some just do what they need to to live and get screwed by circumstance.
 (Baj does Minecraft - http://www.youtube.com/w92baj, Mon 14 Feb 2011, 14:58, Reply)
This is a normal post I am in the black.
I have savings. I spent the last 10 years paying off student loans, loans i took while being a student, and expenses I ran up while starting my career and moving to london. Now I'm well into the black again...So i can put a deposit on a house.....

..and be more in debt than I've ever been in my life.

Go figure.
 (I helped save b3ta! Kung_Fu_Russ ran out of amusing signatures on, Mon 14 Feb 2011, 12:17, Reply)
This is a normal post Oh no no no
you don't have to buy a house. Just rent one like every other country in the world.

I've got a lovely selection of rooms you might like to rent from me.
It's much better you give your cash to me rather than those horrible lying bankers. I'm just a humble tory voting millionaire landlord, m'huwa wa wa wa wa wa wa
 (I helped save b3ta! buffet_the_appetite_slayer ٩(●̮̃•)۶ jacked in to the ICE on, Mon 14 Feb 2011, 13:27, Reply)
This is a normal post I'm a Labour member (as probably mention too much on here) but agree to an extent.
Its not something that was isolated to New Labour though, this is a process thats been happening for a long while, ask your parents or grandparents about high purchase, the 'never ever' (never ever pay it off) and the boom in consumerism in the 50's. Instead of actually sorting out a fair pay scale (which would benefit everyone across class bounderies to my mind) debt was the way governments could artificialy boost growth etc, its nothing new. I think why its become more acute these days is because wages have begun to stagnate, the job market doesnt allow people to easily find new higher paying jobs. So yeah, Labours been part of the problem (alot of it down to Tory Blair, and Browns fear of moving back to the left) but its not all down to them. Im gonna sound like a complete idiological pinko idiot here probably. But this isn't going to change until theres legislature to encourage lowest wages to be in proportion to the highest wages in any company etc. Raise the wages of the lowest earners whilst 'marginally' reducing the wages of the highest earners (change the tax bands as well) you'll get sustainable growth and everyone will become better off. Obviously complicated to implement, but surely it should be an aim?
 (I helped save b3ta! Jorvic, Mon 14 Feb 2011, 13:02, Reply)
This is a normal post Labour bear some blame
But it was happening all over the place. The US has massive personal debt too. And it certainly wouldn't have been any better with the Tories in charge.

But yes - Labour bear some of the blame.
 (SnowyTheWereRabbit the Leporid from Hell, Mon 14 Feb 2011, 13:23, Reply)
This is a normal post first issue that stands out for me is,
The comparing of average daily savings per person vs how many cash machine transactions per day, they are 2 different figures, 530 million is in smaller figures below, divide that by the current estimate for UK population (61.8 million) which I'd assme is how they have done all of their "average person" estimates. This gives a per person average of £12 per person.

372 people declared bankrupt ever day, or to put it another way, 0.0006% of the population, I'd hazzard a guess that its not mush more now than its ever been.

Also, I would like to know whether the averages are mean or median averages? Both will produce very different results, to get a true reading you would need to also work out exactly how many people owe money, even if its just a fiver overdrawn, then work out a true average from there.

I don'y deny that personal debt is a problem but to atribute it to any one individual (be that a political party or a person themselves) is a sweeping generalisation and not adressing any of the underlying issues.
 (I helped save b3ta! Si o doom Fund me! No catering cost involved! bit.ly/1bFtzN2, Mon 14 Feb 2011, 13:28, Reply)
This is a normal post Some of that appears misleading...
29,875 owed by each adult? Only until you read further where it says "in a debt management program." I suppose you don't go into a debt management program if you only owe 500.

I also wonder if some of those numbers include mortgages (see Average UK Household debt).
 (I helped save b3ta! Foxglove -- it all ends in tears anyway..., Mon 14 Feb 2011, 13:30, Reply)