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Consumers stop borrowing ..     30-Nov-09 05:10 PM    
In fact they are quickly paying money back. Compare this with up to 2007 when it was "borrow all you can". In other words they "dont like it up them" (Dads Army). Downside of course is all that debt being paid back radically reduces "normal" consumer spend. Anyway it does not matter - a few years on as we ramp up to the next boom around 2016 its back to "borrow all you can". Memories are very short ....
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Louis Supers...

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Louis Supers... Not rated 30-Nov-09 05:10 PM  
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