AS i'm currently full timing it and have stayed on one site all summer, I have had what could be called an over view of just how we are struggling to still use our caravans in this current economic climate.
While bank holidays have seen the site full to capacity, the current financial climate and the weather have taken their toll. The last two sunny weekends have been the busyest but even so only 70% of the pitches were taken up. Motor homes are a rarety, and even those with cars of heavey fuel consumption are staying away. People have admitted that they chose the site as it was within their monetry allowance for fuel rather than prefered destination. Or putting it plainly, they couldn't afford to spend more on fuel.
I think with all the doom and gloom in the media about the financial state of the USA and then our own financial institutional banking difficulties, everyone has avoided the RRRR word like the plague!
Unless a solution is found soon we could see another 1929 recession (woops, used the taboo word). I certainly can see between the lines in the news that, all the financial institutions and a vast number of businesses are teatering on the edge of the presapice. It realy say's it all when you hear of major companies going into liquidation after decades of business.
As for personal bankruption, the banks realy only have themselves to blame for that one. They will keep on offering people credit cards with obserd limits on them, and they realy must know that people will eventually fall foul of the repayments and find they can't cope. My daughter has been offered several cards despite being a student living on grants, and my wife who doesn't work has had simlar offers of cards with over £5'000 credit limit. But they have no disposable income to pay any monthly amounts. So why do the banks invite people to live beyond their means?
Steve L.
While bank holidays have seen the site full to capacity, the current financial climate and the weather have taken their toll. The last two sunny weekends have been the busyest but even so only 70% of the pitches were taken up. Motor homes are a rarety, and even those with cars of heavey fuel consumption are staying away. People have admitted that they chose the site as it was within their monetry allowance for fuel rather than prefered destination. Or putting it plainly, they couldn't afford to spend more on fuel.
I think with all the doom and gloom in the media about the financial state of the USA and then our own financial institutional banking difficulties, everyone has avoided the RRRR word like the plague!
Unless a solution is found soon we could see another 1929 recession (woops, used the taboo word). I certainly can see between the lines in the news that, all the financial institutions and a vast number of businesses are teatering on the edge of the presapice. It realy say's it all when you hear of major companies going into liquidation after decades of business.
As for personal bankruption, the banks realy only have themselves to blame for that one. They will keep on offering people credit cards with obserd limits on them, and they realy must know that people will eventually fall foul of the repayments and find they can't cope. My daughter has been offered several cards despite being a student living on grants, and my wife who doesn't work has had simlar offers of cards with over £5'000 credit limit. But they have no disposable income to pay any monthly amounts. So why do the banks invite people to live beyond their means?
Steve L.
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