Wednesday, February 27, 2008
A quiet voice of wisdom
"Since then debt and house prices have inflated enormously to levels which, in relation to income, are now the most extreme in the developed world. The bubble is now bursting. Forward markets tell us that house prices are likely to fall 10pc on average this year. Serious people anticipate a 30pc to 40pc correction over the next few years." Is there a more level-headed and wise politician than Vince Cable? A breath of fresh air between the lamentable inanities coming from the Govt.