Tuesday, Sep 18, 2007
The Blame Game Continues.
Financial Times.: Property slump on way, warn Lib Dems
“From Dutch tulips to dotcom shares to Japanese land prices, and now UK house prices, we see banks and individuals entrusting their money to a market which seems to offer a one-way bet,” said Mr Cable. “Until it bursts, the bubble has a logic of its own, inflated by uncontrolled credit expansion and rampant speculative demand.”
Posted by baudot @ 06:18 PM (146 views) Add Comment
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