Off late, I have been witnessing a significant increase in number of calls from all quarters. Maybe UK economy is back on its heels. My friends have started ringing. May be their economic woes are getting dimmer with the passage of time.
As I analyze every bit of my existence, this has lead me to ponder over the issue with much more emphasis on macro-economic processes prevailing in UK. I am like that, you see.
The issue also takes me to shed light on the UK private and public sector sharing. Of course, private sector of UK is larger than the private sector as only 18% of the UK’s output is generated by the later. However, they are not entirely two different entities. They are interdependent. Anything on the other side of the fence moves the cheese on the opposite side. May be private sector is picking its pace again.
I also read somewhere that the difference between the current property slump and of 1990s , when we witnessed negative equity, is of high importance. Since earlier it was the insolvency that was the major issue, this time the banks themselves have gone bust.
No the story does not end here, as corrective measures have been put in place to combat the economic slowdown monster. There has been a historic judgment that has favoured the bankers on unauthorised overdraft fees issue recently. May be, that is why I am witnessing an increased number of calls from the banks. Insisting to take personal loans, UK banks are offering marvelous loan deals. Now that is something interesting.
Now, I don't care much on 17.5% VAT planned to be levied coming January. I will be combating it with borrowing a personal loan to enhance my purchasing power, if needed. However, I have to be a bit cautious.
I don't know whether the sudden spike in personal loans calls are prompted on the hopes that I will be prepared to repay my liabilities, but they are proving to be a boon for me as of now.
I humbly request my tele-operators to increase their calls as I earn better opportunity to negotiate with them on personal loans. UK is indeed great. Hello! Hello!
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