Uber doomed

[Sysman]

I'll be buying up all those repo'ed contractor pallaces.

palliasses

palliasse |ˌpalˈyas; ˈpalˌyas| (also paillasse)
noun

a straw mattress.
ORIGIN early 16th cent.(originally Scots): from French paillasse, based on Latin palea ‘straw.’

[EternalOptimist]

palliasses

palliasse |ˌpalˈyas; ˈpalˌyas| (also paillasse)
noun

a straw mattress.
ORIGIN early 16th cent.(originally Scots): from French paillasse, based on Latin palea ‘straw.’

see also

Elysee palliasse - a straw bed for posh French people

[OwlHoot]

Can you expand on the bit in bold please? Why do you think those who are cash rich now will lose their money? Will banks go bust?

Assuming not many of us can live of the interest from a couple of million in the bank, we're talking "savings for a rainy day" cash rich. But what if it keeps raining and raining, on and off or continuously?

All the time you're on the bench, you'll be digging into your savings, if your partner can't cover all your spending. Once or twice may be OK, but what if it keeps happening every two or three months, or if you're on the bench for a year. You'll be marching on the spot, or more likely going backwards fast.

[OwlHoot]

palliasses

palliasse |ˌpalˈyas; ˈpalˌyas| (also paillasse)
noun

a straw mattress.
ORIGIN early 16th cent.(originally Scots): from French paillasse, based on Latin palea ‘straw.’

Oi! No one's repossessing my palliasse. It'll be uncomfortable enough as it is kipping under Waterloo bridge without having my palliasse nicked as well

[Doggy Styles]

So are we doomed or what? I'm getting mixed messages from the CUK Committee.

It seems to me that the only long-term way to reduce our deficit is to encourage our manufacturing and agriculture, so we can start producing stuff again.

Another thing, do we repair anything any more? It seems a waste to chuck things away that are 99% serviceable and just need a bit of expertise or a spare part to put right.

[TimberWolf]

As far as I can work out we have to spend to get the economy moving. And save so that people can borrow.

[Foxy Moron]

You can't encourage saving and spending with interest rates at 0.5%

[Doggy Styles]

You can't encourage saving and spending with interest rates at 0.5%

Spending would be OK wouldn't it?

[BrilloPad]

Assuming not many of us can live of the interest from a couple of million in the bank, we're talking "savings for a rainy day" cash rich. But what if it keeps raining and raining, on and off or continuously?

All the time you're on the bench, you'll be digging into your savings, if your partner can't cover all your spending. Once or twice may be OK, but what if it keeps happening every two or three months, or if you're on the bench for a year. You'll be marching on the spot, or more likely going backwards fast.

True : but I am divorced. I assumed that SG/DP/Threaded will have no problem.....

[sasguru]

Correct as usual