Comments by "May L" (@MeiinUK) on "ColdFusion" channel.

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  10.  @minhtan198  : Well... that just sums it up a lot? Cos your original contract to the landlord is X... but he could actually be paying the rest of it as well. So... This is another one of those things as well.. when we "globalised". People acted out in a way which they don't get. And does not even understand ? Let me show you this video.... https://www.youtube.com/watch?v=fYtQTQHozi0&lc=UgyuX-onFczO-5P9MMB4AaABAg.A8S1SFPctMaA9IdLw-BFiu I had NO idea that this went on , at all ? So companies tried to buy toxic assets, loaded with debts. (Of another foreign country.) And remember that, you guys used to be not connected to the Western society at all. As in the USA side of things. You only had the Asian Development Bank, as the World Bank. So when China, joined the WTO... they.. which they should NOT have done so...!!! Cos they tried to create a mega "one world"... situation.. and this has resulted in a single building, with X amount of debts, loaded onto it ?.... It just should not happen, and it couldn't happen. Cos you are mixing systems together. The same is happening inside China now, today. They also sent a lot of people to their death ! .... The big four accountancy firms, should NOT have done the audits. Cos they were Investment Banks. You don't use corporate accountancy laws, to audit investment banking... That US video says a lot. It says that "IB were treated like high street banking/retail"..... IB is actually a form of reversal.... and it is often tied to insurances as well. You don't calculate insurance products like you do with consumer credits?.... So.... Credit cards and consumer products and shops and stores, should not be mixed with investment bankings. This is why, today, for you guys, you always use those terms of "this man is worth X"... but in reality, it is paper tigers. You are holding "X debts"...
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  20.  @Ascalonn88  : Right now ? Right now, you do not want to save. What you should do, is to actually reverse that... and literally reduce outgoing for one. Use and reuse things. As much as you could. Then... Find things that are useful, and to create them as well. Figure out some stats.. participate in political situation. Gather with other mommies and daddies, and discuss the future.. with them too. And rally round, and then rebuild a tiny little community and society. If housing is down, create housing. If no food create or open a store. Find problems to solve I guess. Ask for advices and classes. For example.. in this climate, it is better to grow larger... and HOLD.... Then for the remaining people, they need to diversify and do other sector work. For example.. in the UK.. we have something new called..." Right to build"... so if you have some kind of housing.. you can use that, as a collateral to build a new build. With some government grant? The thing is, if TWO families... money CAN be pooled together, you can find a lawyer, draft up the deeds or whatever, and then build new builds for BOTH of your kids... And calculate it so that, it is all both paid off? So then, that is your current generation of housing taken care of, your next generation's housing taken care of. The thing which you want, is to earn.... earn for current generation's food, and amenities.. and savings... (When you get older, you can wrap the property into a personal trust for your kids. Tax-free.) If you build the house such that, it is self sufficient as well.. then... in terms of energy costs. You could also, try and sell small local produce. Do a small batch of farming, locally at home, or whatever it may be. Just keep watering it. Add that to a local producers' list... Even if you do not have investments, does not mean that, your child does not have a future. Maslow's hierarchy. Roof. Food. Then skills later.. or whatever. Research and research for other sectors. Like if there is EV cars to come.. then can you drive EV cars. Or... can you do logistics.. and help others administrator orders to and fro etc. Help other do their taxes, or cleaning, or admin. Even if you cannot get a college fund.. consider looking for European scholarships for Americans? This is a real thing. So if your child is like 13.. future plan.. do some basic researches and things. For example. Or have "Working apprenticeships/holidays"... Or even help formulise one and organise one, say ? In the UK, we have "working holiday programmes" for 17-19 year olds. BUNAC I think it's called. Or to teach English abroad for a single year. It can be a fun holiday, as well as it could be an earning possibility as well.
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