Forgive us for another UK-focused blog today, but there’s a lot of British sleaze about at the moment. In this one we are going to highlight a graph, courtesy of the Bank of England (p10 here), which rather speaks for itself.
Courtesy of David Quentin.
Yes, yes, this ignores housing wealth and so on. But still.
And the reasons for this shabby state of affairs?
Well, this is one good place to start. Or you might try this rather interesting little gender-focused piece. Or . . . even if we were to cite only the possible reasons listed on our own site, the list would seemingly be endless.
Anyway, that’s the UK. How is it in your country?