Don't worry, it's okay, everything's fine

[Dundeegeorge]

Nice quote DP

who's is it?

[bobhope]

Trade deficit

Anyone looked at the trade deficit recently, that's not looking too rosy either? Strange, but I remember in the 80s, the topic of the trade deficit being reported diligently (e.g. BBC TV news). Today, with a much larger deficit and North Sea oil rapidly declining, it seems to get no coverage whatsoever.

[sunnysan]

Hmmm?

"High levels of borrowing may force the government to take unpopular measures, either scaling back on spending plans or raising taxes, as it attempts to keep its finances under control, analysts said."

Is it going to take an analyst to figure out which one they are going to go for?

[hyperD]

More stealthiness - woohooo!

Also, I'm not sure we should be associating a jump in mortgage lending as a sign of a healthy housing market, but as a sign of growing personal debt.