Average Christmas spend to be A 592

Average Christmas spend to be A 592

There are 3 comments on the This is Guernsey story from Nov 4, 2012, titled Average Christmas spend to be A 592. In it, This is Guernsey reports that:

More than one in 10 Britons who took on debts to fund Christmas 2011 are still paying off their loans as this year's festive season approaches, research has found.

Join the discussion below, or Read more at This is Guernsey.

Since: Jul 12

Peterborough, UK

#1 Nov 5, 2012
Does this mean we are all on Zanaflex this year?
QUITTNER

Toronto, Canada

#2 Nov 5, 2012
7:30 pm, Monday, November 5, 2012:
RE: Average Christmas spend to be A 592
..... The good health of any economy depends on the total amount of spending per unit of time. Increasing debts lead to more spending, while repaying debts very likely will cause troubles in the economy. Proper timing is very important, also delays of effects influence spending. Politicians can also use time-shifting to make people buy NOW instead of later. Then when LATER comes along miseries come along too.
..... Many businesses depend on there being enough Christmas spending on their goods/services. Compare with previous years!

Since: Oct 12

Location hidden

#3 Dec 7, 2012
I don't think so. Its past when we are struggling with recession.

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