Scouser wrote:Americans are obsessed with dental health! If only you were as obsessed with toxic debt!
We need to prop up the rest of the world's economies.
On a more serious note pot:
On average, private household debt was 170 per cent of disposable income in the UK against just less than 140 per cent in the US and 100 per cent in Continental economies.
Mr Kirby noted that the abundance of credit, the main reason why banks are facing a crisis, had fueled demand in recent years, leaving consumers even more exposed to a downturn than those in the US.
http://www.ft.com/cms/s/0/f88c28fa-9fd3 ... 07658.html