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Downton Abbey (show about rich people in early 20th century Britain)
I bought myself a Prime membership on Amazon yesterday and started watching Downton Abbey on their streaming service. It's really good, even though the cast is huge. After three episodes from the first season, I consider myself a fan now.
Anyone else watch the show?
Anyways, here's a really cool Super Bowl mashup:
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Let me know when you're caught up so we can talk about developments.
#FreeScheck
#FreeSKFM
Edit: Also, it is pretty much reading a book.
I was just going to post that.
Now I am sad.
#FreeScheck
#FreeSKFM
I mean, I suppose that if you were sufficiently wealthy it would be a reasonable position that neither you nor your children or grandchildren should ever have a desire to work, but the fact that Grantham needed his wife's money to keep the estate running would seem to imply that they aren't that wealthy. I'm vaguely aware that the aristocracy had a desire to appear wealthy even when poor, so would not work even if they were broke, but I'm not sure I understand how that works from a logistical perspective.
Oh, okay, so they rent land. That makes sense. I wasn't clear on whether the estate included some means of revenue generation or if it was really just that house and the surrounding lands eating up inherited money at a steady rate.
Right now I'm watching "The Way we Live", which is set about 40 years earlier and deals more heavily with the financial scene. Those of them that do have ready funds try to build financial portfolios to sustain them, but many of them appear to not have heard of "diversified portfolios".
Yes, they would rent land, and they would probably also have some other forms of investment. However, the investments might not generate enough revenue to sustain the estate, especially since your ancestor 500 years ago being good on horseback doesn't necessarily mean you are great at investment strategies.
One of the on going story lines is basically the answer is the money currently comes from Lord Granthams wifes inheritance. The big on going issue is pretty much the way Lady Granthams money got tied up to the estate since she had no living male heirs basically when her husband dies her home and money goes to the next male heir leaving her if not pennyless with a significant loss of cash.
Most agree that the way her money is bundled is pretty grossly unfair including the next male heir the it is tied so closely that it cannot be easily severed and if it was as Lord Grantham has said a few times he did not want the next heir to inherit and then have no way to afford to keep it which would cause it to be broken up and sold off.
Yes. They're literally landlords for basically everyone in the village.