rate of indebtednessrate of unemploymentcpithe baltic dry...

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    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

 
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