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the primitive

B&b - Over 5% Of Mortgages In Arrears And Rising

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http://business.timesonline.co.uk/tol/busi...icle6401725.ece

Once IRs rise from the current super-low level, repos will rise hugely.

IRs hold the key to HPC.

Either we stave off HPC, but have runaway inflation, or we try and tame inflation and it all starts to collapse again. Rock/hard place...

Green shoots my @rse

Edited by the primitive

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