Trouble in the UK
Perhaps the UK's current situation is a harbinger of things to come Stateside...
Britain's GDP growth has halved over the past year, to 1.6% YTD through the third quarter. Record debt levels are putting a strain on households: mortgage repossession orders surged by 66% YTD through the third quarter, to their highest level in nine years.
Britain's GDP growth has halved over the past year, to 1.6% YTD through the third quarter. Record debt levels are putting a strain on households: mortgage repossession orders surged by 66% YTD through the third quarter, to their highest level in nine years.
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