I've just watched it !!! WHAT an advertising statement !!! "click on the link below" and let us save you ... for a fee of course !!!
"people like you" - "responsible, hardworking people who've saved all their lives" etc, etc ... so glad I'm not one of them !!!
It's all the welfare-state's fault - we shouldn't care about others, etc !!! "I'm all right, Jack" !!! compassion does not compute with wealth ... etc, etc.
The whole concept of "pay back the debt" is wrong - look at Iceland, which I notice was NOT mentioned.
I'm not saying the collapse they speak of won't happen, I've been watching this grow for the past 40 years and I'm not some poncey "financial expert" just an ordinary educated person who was taught to think at school over 50 years ago. I'm certain "thinking and reasoning and problem solving" are no longer on the curriculum, they may be "extras" as they are at Hubby's expensive private school. When he was a pupil there they were part of the normal fare but that was back in the 1950s.
Furthermore, I was a grown-up, working person during the 1970s - I doubt the person who wrote the comentary was even born then, certainly not out of nappies. I've no idea what history book he learned his speach out of but it weren't like what he pretends at all !!! But there you go, watch any rubbish history programme on TV nowadays and you find your life re-written if you're over 50, or is it 40 now?
The whole concept of shares, investments, interest, stockholding, property-as-investment instead of a place to live, etc
will change. Ownership is the death-sentence, the whole concept of ownership, along with the idea that "wealth" is something to be desired, and along with the whole concept of money as a "commoditiy" instead of a "means of exchange". Add in the "fear-concept" ... I must have more just-in-case ... and you build the gods-forsaken attitudes by which most of the 7+ billion people currently infesting this planet live by. And there's a real root to the problem ... the fact that the human population has risen from 1 billion to over 7 billion in about 120 years ...
and that it has more than doubled (yes more than doubled) from 3 billion to over 7 billion, in the last 60 years. If that happened to the cells in your body your doctor would diagnose cancer ...
So, yes, we (the whole world) not just Britain are at crisis point but this weasel-worded con-advert is not telling the truth, only little bits of it carefully spliced in to confuse you into agreeing with them and buying their product - like any ad-man or politician - just enough to scare you into doing what they tell you. Independant ... my backside! All they want is to increase their rating and readership - ie get your money and increase their own wealth and power!
On interesting thing to note from the graphs they put up ... the debt begins to grow in a serious exponential manner from 1980 ... now, can I remember who came into power in Britain then ???
Advice ... discover in yourself what makes you happy - other than money, wealth, ownership, et al ... and focus your life on that. I do realise I'm likely doing this