And They’re Worried?

December 14, 2007

“Britons have racked up so much debt on loans and credit cards that the total borrowed now exceeds the entire value of the economy, new research shows today.”

“The runaway housing market is the biggest reason why consumer debt has spiralled”

The Celtic Cubling was birthed by debt in 2002. It was a painless birth. Why, oh why do the banks want their money back now? Because Ireland is different, right?

AddThis Social Bookmark Button Add to Mixx!

Comments »

The URI to TrackBack this entry is: http://nouns.blogsome.com/2007/12/14/and-theyre-worried-3/trackback/

No comments yet.

RSS feed for comments on this post.

Leave a comment

Line and paragraph breaks automatic, e-mail address never displayed, HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>



Anti-spam measure: please retype the above text into the box provided.