Monday, Oct 08, 2007
Modern Nightmare
The Independent: Britons are richer, but have less to spend
"Disposable income has plummeted to its lowest level for a decade in a further sign of the turmoil in the financial markets and the credit crunch hitting British consumers". This is clear evidence of the financial stress some homeowners are in. The bank managers who agreed to lend 5x, 6x, ... have a lot to answer for - as well as the greedy speculators of course.
Posted by quiet guy @ 12:23 AM (263 views) Add Comment
1 Comment
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1. crash bandicoot said...
Coming soon in this series,
Britons are healthier and die sooner.
Trains are faster and take longer to reach their destination.
The value of houses only ever goes up - until you actually have to sell one.