Monday, 29 September 2008

These are crazy days... (daze?)

PART ONE:

Well, I'm not sure I expected the first EVER comment on my blog to be for the sole purpose of highlighting my lack of explanation of the credit crunch... but ho hum. I guess that I should just be grateful that someone, whoever they may be, actually took the time to read my waffle.

Now, I'm certainly no expert, but I know how it's affecting me and the people around me. The cost of food is going up, the cost of living is going up, the price of rent is going up because mortgage prices are going up, bills are all going up. I'm studying 9-5 Monday-Friday and apparently, in Brighton anyway, Saturday jobs don't exist anymore and to be honest because of the state of the economy it seems that the retail industry, which was pretty much my only hope, don't want to take on any more staff AT ALL, let alone part time ones that they can get next to no hours out of. Therefore... I need to pay rent, but first I need to be approved to take out a rent contract (just coming out of uni and still studying, but not living in a stereotypical 'student house' with a 12-month contract on Mummy or Daddy's money = BAD) and in order to pay rent I need a loan, which I stand next to no chance of getting because of.... TA DA! The muchly-spoken of but never properly explained, Credit Crunch. As I understand it means literally that the banks are crunching down on the amount of credit they give to people, because people didn't pay it back, rendering the country horrifically debt-ridden. And presumably, because they used to make loads of money on interest and investment, because no-one is lending anymore, they aren't. So they're suffering. Big time.

Phew... That help? Sure it's no definitive guide by any stretch of the imagination, but hey... only a serious geek wants to get to grips with all that jargon - all we want to know is how it affects US. Well, that's the way I see it from talking to the people I know. And to be honest, I don't know about you, but it hurts my head to think about it.

In short: I have no money. I cannot get money. This sucks.

PART TWO:

This blog is not to embark on various (and poor) attempts to explain the state of the country's economy, it is to share my thoughts on embarking on a journey into the strange and intimidating world of working in the media...
...and generally just to pontificate upon the various happenings in Brighton-town that may amuse or dismay.

Stay with me, my as yet anonymous readers... it'll get better, I promise.

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