Comments by "Piccalilli Pit" (@piccalillipit9211) on "We Will Lose The Property Owning Middle Class" video.

@frankkelly207 a lot of German rental properties have rent control though, and I believe they have a policy of encouraging work and flexibility through affordable rental property.
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CONGRATULATIONS ON THE CHANNEL GROWTH just noticed it.
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CAPITALISM IS A FUNNEL it funnels money to the top - every £10 YOU spend 1penny makes it to the bank account of the ultra-rich and it STAYS THERE The issue is that does not HELP the ultra-rich in any way, to keep that 1p worth 1p for the grand kids it has to be invested and property is the 100% rock solid thing they can buy for the grandkids. So you have a push-pull - the ultra rich are soaking up money from the system and buying up the property with it. THIS is why you HAVE to tax the ultra rich, but they dont like that and >>> And they pay off politicians to stop them being taxed. But if you dont tax the ultra rich then the system runs out of money, you solve that by giving debt to the working class but they are now up to their eyeballs in debt, so the middle class has to be hacked into. Money is the OIL in the economic system - it facilitates movement - the UR are a massive oil leak and we just keep topping up the system with new cans of oil... The other problem is houses are too expensive - the U-R want your mothers house for £200k not £500k - so a nice big CRASH suits them just fine, they are insulated from the effects and they can buy up capital assets super cheap.
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ITS CALLED TORY GOVERNMENT POLICY always has been, always will be - the biggest con the British public fall for decade in decade out is believing the lies of the Tories
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CAPITALISM IS A FUNNEL it funnels money to the top - every £10 YOU spend 1penny makes it to the bank account of the ultra-rich and it STAYS THERE The issue is that does not HELP the ultra-rich in any way, to keep that 1p worth 1p for the grand kids it has to be invested and property is the 100% rock solid thing they can buy for the grandkids. So you have a push-pull - the ultra rich are soaking up money from the system and buying up the property with it. THIS is why you HAVE to tax the ultra rich, but they dont like that and >>> And they pay off politicians to stop them being taxed. But if you dont tax the ultra rich then the system runs out of money, you solve that by giving debt to the working class but they are now up to their eyeballs in debt, so the middle class has to be hacked into. Money is the OIL in the economic system - it facilitates movement - the UR are a massive oil leak and we just keep topping up the system with new cans of oil... The other problem is houses are too expensive - the U-R want your mothers house for £200k not £500k - so a nice big CRASH suits them just fine, they are insulated from the effects and they can buy up capital assets super cheap.
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@Nickle314 Sorry dude that is total bullsh!t. "you need to start with the analysis of where you are. ie. How much debt the state has." fantasy land bullsh!t starting point - the state can pay the debt tomorrow by printing money, they can stop inflation running away by taxing all that money back from the rich. If you cant do the basic thinking on this level dont even try to tackle the hard stuff. You are just massively out of your depth.
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