/biz/ - Business & Finance

Gee I hope the Chancellor knows some good banks that could loan us all that money..

So fellow bongs. What is the reason for the rise of the Deano subculture? I thave a theory:

I think the point is that due to worsening economic situations the working class and the lower-middle class are not so different, therefore there is significant sectors of the economy focused on the Deano sub-culture as the lower-middle class tries to distinguish themselves from the truly poor by purchasing cliche frivolities on finance. As the interest rates are at historic lows this is possible and in fact necessary.

The repurcussions of this are a vicious entrapment of a generation into overpriced homes and cars on finance and an economy that will simply stagnate further.