10 May 2008
UK Home Foreclosures at 15 Year High
Foreclosures are up 16% over a year ago. It's not just the US.
Of course, the UK has in recent years hewed as closely as possible to the US in terms of banking and financial regulation, hence my frequent references to the contagion of Anglo-Saxon capitalism.
Of course, the UK has in recent years hewed as closely as possible to the US in terms of banking and financial regulation, hence my frequent references to the contagion of Anglo-Saxon capitalism.
Labels:
bubble
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Europe
,
Finance
,
Housing Crash
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