Pointing a Finger at the Rich
Aug 25th, 2009 | By Bill Bonner | Category: Politics & EconomicsPity the poor rich! Pity the poor! Pity us all!
Pity the poor rich! Pity the poor! Pity us all!
The once-booming UK mortgage market is dissolving faster than an Alka Seltzer on a Saturday morning. That seems to be the picture the Bank of England is painting. Yesterday it published one of its many surveys — the quarterly Credit Conditions report.