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Cynicus Economicus Returns From The Dead


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HOLA441

Older posters may remember Cynicus Economicus as one of the better economics blogs out there - he called it a day a while back because of the sheer insanity of it all - but seems to be making a return.

http://cynicuseconomicus.blogspot.com/2011/04/occasional-return.html

His post contains a graph about debt with a rather.. familiar look.

UK%2BPrivate%2BDebt.jpg

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HOLA442
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HOLA443

Older posters may remember Cynicus Economicus as one of the better economics blogs out there - he called it a day a while back because of the sheer insanity of it all - but seems to be making a return.

http://cynicuseconomicus.blogspot.com/2011/04/occasional-return.html

His post contains a graph about debt with a rather.. familiar look.

UK%2BPrivate%2BDebt.jpg

The "familiar" debt graph is rather interesting. it seems to precede by 3-4 yrs the movements in house prices. Judging by the steep fall in credit in the past 2 years, we could perhaps see an equally dramatic fall in house prices in the next year or 2?

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HOLA444

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