Changes for the worse that have happened in my lifetime

[srw]

Loan interest rates are still around 4% above B of E base rate so the the rich are still making money.

That really isn't how it works! Lenders have always aimed to make money, and loan rates are set with regard to risk the lender is taking on.

Venture capitalists who buy companies by using the company's money to fund it and then landing them in debt .

That's a 100-year old business model, at least.

The shortening of words like "prep" instead of " prepare".

I thought this might enlighten you: https://books.google.com/ngrams/gra...=0&smoothing=3&share=&direct_url=t1;,Prep;,c0

It peaked 80 years ago.

Celebrity culture, it’s like a disease

Another 100 year old thing.


So the change for the worse that really has happened in my lifetime? The invention of a public platform on which people can parade the fact that they know less than they think.

 

[Illaveago]

Pension holidays and allowing firms to raid pension funds as it seemed that they were building up too much in their pension pots .