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View Full Version : This time 2016, we'll all be millionaires



DimPrawn
4th December 2006, 10:39
Crack open the Lambrini Rodders.

http://news.bbc.co.uk/1/hi/business/6203964.stm

A quarter of UK households will have acquired dollar millionaire status in the next 10 years, Barclays say.
Eight million British homes will boast more than $1m (£526,900) in assets by 2016, the bank claims.

It also predicts the UK will play host to one million "super millionaires" with more than $3m in assets by 2011.


Does this mean I can take the magnet off the electric meter now?

Lucy
4th December 2006, 10:42
Millionaires on paper DP !

Unless you fancy selling-off your bathroom ?

Carp3Di3m
5th December 2006, 07:24
cant wait till then :)

bobhope
5th December 2006, 08:04
FFS,

it won't matter if you have $1M if the average house costs £500k and a loaf of bread £10. Why do people thing that asset inflation is good whilst ipod and tat inflation is bad?

I suspect a few peeps here already have net assets > $1M

expat
5th December 2006, 08:09
FFS,

it won't matter if you have $1M if the average house costs £500k and a loaf of bread £10. Why do people thing that asset inflation is good whilst ipod and tat inflation is bad?

I suspect a few peeps here already have net assets > $1MAnd you won't like it when the Wealth Tax comes along!

Hart-floot
5th December 2006, 11:08
Crack open the Lambrini Rodders.

http://news.bbc.co.uk/1/hi/business/6203964.stm

A quarter of UK households will have acquired dollar millionaire status in the next 10 years, Barclays say.
Eight million British homes will boast more than $1m (£526,900) in assets by 2016, the bank claims.

It also predicts the UK will play host to one million "super millionaires" with more than $3m in assets by 2011.



By 2011 the USD will be worth 10 pence! We will all be dollar millionaires :rolleyes: Better stick to Renimbi's lol