Wednesday, February 6, 2008

Symptoms of a Sick Society?

Debt juggernaut rolls us into a madhouse

Even the Financial Services Authority, the regulator that's so dozy it failed to spot the cracks in Northern Rock, has woken up to the debt threat. Last week, it warned: "We are concerned that many consumers are ill-prepared for a deterioration in economic conditions and may have placed too much reliance on their ability to depend on cheap credit and housing wealth."

Posted by quiet guy @ 09:19 AM (385 views)
Please complete the required fields.

Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>