Warchests depleted?

[DimPrawn]

http://news.bbc.co.uk/1/hi/business/8490810.stm

New borrowing on credit cards, loans and overdrafts has outstripped the amount being paid back by UK consumers for the first time since June.

Unsecured consumer credit rose £52m in December, driven by credit card borrowing, the Bank of England said.


The fun starts soon I reckon.

[AtW]

Just wait until rates go up - the house bubble was frozen in time and yet to burst. Either that or inflation, plan b - wheel barrows...

[OwlHoot]

http://news.bbc.co.uk/1/hi/business/8490810.stm

New borrowing on credit cards, loans and overdrafts has outstripped the amount being paid back by UK consumers for the first time since June.

Unsecured consumer credit rose £52m in December, driven by credit card borrowing, the Bank of England said.

The fun starts soon I reckon.

That settles something I've been rather baffled about recently.

[AtW]

Why are they called "warchests" anyway, in a good war lots of chests can be filled up with tropheys

[PAH]

Why are they called "warchests" anyway, in a good war lots of chests can be filled up with tropheys

Try spending one of your stuffed squirrels and see where that gets you.

[AtW]

Try spending one of your stuffed squirrels and see where that gets you.

Lay off my cute fluffy squirrels!