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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: shades who wrote (50610)5/5/2006 3:45:39 PM
From: regli  Respond to of 116555
 
" The figures for individual insolvencies were the highest since the government started compiling statistics in 1960, the DTI said."

It would have been interesting if they had also mentioned the percentage of the population instead of simply an absolute number. Still, it is telling that the U.K. consumer is in a very similar bind as the consumer in the U.S.