Engelsk

Her er der en lille engelsk side ville blive utrolig glad hvis nogen gad rette lidt på den.

People want to have it today but pay tomorrow. That is the main reason to why people drown in debts. The most precious thing today is, the time. People want to do so many things in their life. But the problem is they don’t have the time; money is not a big issue, because people just borrow money or use credit cards.

What we see now is foolish people borrow money more than ever. Many people are doing it when they are very young and are under education or maybe they have just finished their education. That means that they in many years or maybe the rest of their lives have to pay back on the loans or credits. Like we see in this article banks just loan money away for a good word. I think it is chocking that a girl can loan almost seven times her salary. This is not just an English phenomenon we also see it in Denmark in many degrees. People want to buy a car, a holiday, a house, and of course a new modern kitchen. People have to borrow money, many of them because of the high house prices. The problem is that nearly anyone can borrow money you do not have to set a security for a loan. I think the banks should be more restrictive and stop just loaning money out to everybody. The banks can loose there reliability. That is one of the worst things there can happen for a bank. The banks reliability is the most important thing for a bank. The situation is just like a bubble there is growing, and sometime in the nearest future it will shatter. Then many people have to sell their houses and their cars. I can’t believe that this situation can go on. We are in front of a big problem. The new generation will be indebted which mean the economy will not continue the great progress, we have seen here in Denmark. That means there will be an unequally division of the money. The poor families will be even poorer, if they continue borrowing money and the large banks even more rich. The rich people there don’t have to borrow money and they will be richer because the inflation will fall because the normal Danish family been poorer. Here we had a fear setting on what there could happen if we don’t take care and think us about.

I think it is a very interesting and relevant theme, this composition is about. We have to find out, what we can do to stop this trend. This situation can not go on. The banks have to change style, they have to be the part there advice the customers, and not just loaning money away, if they can see it couldn’t work out.