I’m afraid what happened is that there was such a boom in the last three years that people have worked themselves into a lot of debt. Between new houses, cars, etc. they have basically tied up a significant amount of their income in debt. Now they have to cut out the extra things
I’m afraid what happened is that there was such a boom in the last three years that people have worked themselves into a lot of debt. Between new houses, cars, etc. they have basically tied up a significant amount of their income in debt. Now they have to cut out the extra things