rate of indebtedness rate of unemployment cpi the baltic dry index teds libor gdp interest rates commodity prices house prices muscle car sales sales of underpants
the number of indicators as to where the economy is going is phenomenal
in fact there are so many that you could probably say whatever you like
keen bases his arguments on historical growth of indebtedness originally debt was pretty low due to the fact that only one member in the family, the man could take out a loan feminism and equal rights led to women getting work which led to two members of the family being able to get loans of course the rate of indebtedness grew
low interest rates the propensity to make loans is increasing again as banks sure up their balance sheets rate of debtedness is on the rise again
what are the implications for society and the housing market?
maybe indebtedness is part and parcel of being part of modern economy