How bad does it get before we ask for a Payday Loan?

Things are going from worse to disastrous; is it time for a Payday Loan?

The Payday Loan is a barometer of the national economy and by all accounts the Personal Money Store must be working overtime dishing out Payday loans to the long line of applicants. Things are really bad, according to this morning’s news, which I squeezed in between watching fantastic tennis at the Australian Open in Melbourne.

First it’s the people

First it was individuals who couldn’t pay their debts, so they organized themselves loans which gave them a bit of breathing space and allowed them to get things together again. Then small businesses started to flounder and getting them back on their feet was not so easy. It’s probably simpler to declare bankruptcy and let the scavengers fight over the remains.

Then it’s the banks

Then medium sized banks started to shout warnings which sent their customers running to withdraw their money and savings which simply hastened the demise of the bank. Then came the larger banks. Now the tsunami is in full swing, carrying everything and everyone along with it. Big banks started to fall and then all the banks in one country, Iceland, sank together into the frozen North Sea.

Followed by the stock exchange

The stock exchanges collapse and icons like general Motors and Ford follow suit. At the time of writing this article, you can buy shares in the Ford Motor company for the amount of $1.80 each. It feels almost like buying candies for the kids.

Somewhere in the midst of all this chaos we read about one Madoff, who it seems may have siphoned 50 billion dollars out of the economy, but no one quite knows where it went or what to do about it. No one can even imagine what 50 billion looks or feels like.

Now it’s a whole city

Now to this morning’s news. It seems that the city of London is in financial trouble. Someone should urgently tell them about a  Payday Loan to try and help them, otherwise we’ll all be lining up to buy their shares at $1.80 each as well. Think I could get a stake in Buckingham Palace?

This may all sound very light-hearted but it’s anything but that. What’s going to happen? Can anyone tell me when things are going to get better? Whole industries are shutting down. What will happen to all the workers? They will all disappear into other industries which are not affected, if they can find them. And then one day, somewhere in the future when things do get better, who will work in these long abandoned industries?

A bitter end

I watched two British workers being interviewed on TV. One received notice in his pay packet on Friday. He has worked at the same steel mill since he was 20 years old and that was 45 years ago. The other, a man of 63, has worked at a ship building plant since he was a teenager. They both looked at the cameras blankly when the interviewer asked them what they were going to do. Why, is there actually something else? Neither of them has ever done anything else!

If you are struggling with all the turmoil in the economy, I would recommend Personal Money Store so you can apply for a Payday Loan which will give you breathing time to get over whatever the turmoil may be.