In reply to The Lemming:
Ugh, feeling slightly unclean after visiting the Daily Mail website.
What I find disturbing is what’s driving this endless quest for consumerism? Are these ‘social climbers’ so unhappy and dissatisfied with their lot that they feel the urge to spend and acquire goods beyond their means? Is it just to fill some void?
I mean, if you dissected the £13,000 on average that the people in the case have run up, what would they have to show for it? An ugly plasma TV? Loads of tacky ‘designer’ clothes? Umpteen £2.75 posh coffees consumed? Several weekly trashy magazines piled up in the recycling that provided the fuel for much of the spending in the first place?
Credit has come too easy and debt too acceptable. I think many have lost all sense of what constitutes value because there’s just no incentive to make those kind of judgements any more. Nothing is scarce nowadays.
The banks and credit card companies have a lot to answer and it’s all building up now to come back to bite them. Credit cards, store cards, consolidation loans etc. Bankruptcy, well that’s starting to be seen as an ‘easy’ option to bail out!