How Long Till The Credit Crunch is Over?
How much longer of redundancy,unemployment,high taxes – low income.
Since the credit crunch hit last august, there has been the highest number of unemployment, people being made redundant,liquidation,banks reluctant to borrow money and the housing market at an all time low.
Unemployment is really bad in the just the UK alone. Over a figure of 2 million people, most of the people being college graduates,school leavers who are seeking jobs to start their career or see them through university.
But with this current climate and limitations on jobs vacancies people are suffering trying to find work, people that have been made redundant are finding it hard to get new jobs some people waiting 2 months or in worst cases much longer until they are excepted for a job.
No-ones really buying houses,getting mortgages it feels like its becoming at stand still, 1st time buyers not meeting certain requirement for a mortgage.
AND THE
Question on everyone ones mind is…
WHEN WILL IT END? HOW WILL IT END? WILL IT GET BETTER?
Apparently the best thing to do is to open up a savings account so you always have money and a nice interest rate.
WHAT DO YOU THINK? WILL IT MAKE A DIFFERENCE.
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