Showing posts with label UK debt. Show all posts
Showing posts with label UK debt. Show all posts

Wednesday 20 November 2013

Austerity And Deprivation, Two Sides Of The Same Coin.


        What does “austerity” mean, or what should it mean? You would imagine “austerity” would mean a doing without the luxuries, a little tightening of the belt, but does this financial Mafia's variety of “austerity” fit that description? This brand of “austerity” means abject poverty for families the length and breadth of the land. In England, since the 2008 “crisis”, malnutrition treated in NHS hospitals has almost doubled. Diagnoses of malnutrition in England rose from 3,161 in 2008/09 to an criminal 5,499 in 2012. This has been driven by wages being frozen/cut, while the cost of food and heating have rocketed. Add to this the various benefit cuts, bedroom tax, ATOS attack on the disabled, and it becomes very clear that this “austerity” is a vicious attack the living standards of the general population.
      Oxfam, that organisation that we see as a charity for those poor countries, stated that, in the UK, "increasing desperation to avoid starvation in one of the world’s richest and unequal countries has seen the number of visits to food banks rise to around half a million a year." The Trussell Trust, the UK's largest food bank operator, has seen the number of those receiving food parcels rise from approximately 26,000 in 2008, to more than 350,000 in the past five years. UK director of Trussell Trust has stated that, “It’s not surprising that rates of malnutrition have also increased. We see people coming to food banks who’ve gone without food for days.”
     Poverty and debt go hand in hand, as people get desperate in their struggle for survival, they are more likely to run up more debt. The average UK household debt is £54,000, that is close to twice the level of a decade ago. Personal debt in the UK's is almost 94% of the total UK economic output for 2012, a mind boggling £1.43 trillion. Lots of people are failing to manage that debt and are suffering in many ways, cutting down on food and heating. Interest rates are set to rise, when that happens, thousands more who are at the moment barely coping will start to sink into the mire of poverty and deprivation. With poverty comes health problems, both mental and physical, families and relationships start to strain and break.
        This is the true meaning of “austerity”, it is not a slight drop in your luxuries, a little bit of inconvenience, as you miss a night at the movies. It is mind crushing stress, it is malnutrition, it is health problems, it is watching your family disintegrate, it is seeing your kids future being stunted and their potential obliterated. It is living with the reality or the fear of homelessness, for what? To sort out a bunch of financial parasites' gambling mess, while they continue to live in the lap of unearned and undeserved luxury. That's capitalism. Do you want it? If not, what are we going to do about it?
Cum'awn, dae sumthin'

Visit ann arky's home at www.radicalglasgow.me.uk





Sunday 9 September 2012

IT IS A BRUTAL AND RUTHLESS SYSTEM.


        Some facts and figures that might surprise you, and then again it might not, if you happen to one of the unfortunate individuals that have been repossessed, made unemployed or are struggle to cope with your debt. Perhaps one of the most brutal facts is that 105 properties are repossessed every day. Another feature of our wonderful system of capitalism, is that in this country one person is declared insolvent every 63 seconds, and over the last year, on average, 1602 people have been declared redundant every day.