Saturday, December 15, 2007
The piggy bank is emprty!
Yesterday footfall for christmas was near 6% down and today BBC news mentioned it had been a dissapointing Saturday! Its bleak guys be under no illusion money has run out. Banks are very worried they have lent too much to too many people that are unable to pay money back....so credit has been restricted. Most are worried about the future and day after day its more gloom. The big "R" word is getting mentioned more every day. Its time to batten down the hatches and wait for the house market to collapse....because as sure as night follows day it will!