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Bad Debt Levels Increasing

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The boom is coming to an end. Credit tightening is speeding up. That will cause spending to drop, jobs to go, bad debts to increase Credit tighening to speed up further. The vicious circle to closing. Then it will tighen like a noose around the neck of the miricle economy.

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Debt is not a problem. There's nothing to see here, please move along.

Of course debt isn't a problem, the lack of spending isn't a problem, the enormous amount of spin every day isn't a problem.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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