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<blockquote data-quote="onthehoof" data-source="post: 3295698" data-attributes="member: 11104"><p>Trouble is most people live for today not tomorrow. We will soon have had 10 years of low interest rates leading to record levels of personal debt. People get used to an idea ( borrowing cheap) and for some cheap money is all they've ever known, they often borrow to the limit of what they can pay back. But things have a habit of changing very quickly and it only takes a very small snowball to make a very large avalanche.</p><p>See below</p><p>[ATTACH=full]446570[/ATTACH]</p></blockquote><p></p>
[QUOTE="onthehoof, post: 3295698, member: 11104"] Trouble is most people live for today not tomorrow. We will soon have had 10 years of low interest rates leading to record levels of personal debt. People get used to an idea ( borrowing cheap) and for some cheap money is all they've ever known, they often borrow to the limit of what they can pay back. But things have a habit of changing very quickly and it only takes a very small snowball to make a very large avalanche. See below [ATTACH=full]446570[/ATTACH] [/QUOTE]
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