Economic weather report: Bankruptcies surprisingly stable
11th Aug 09, 2:18pm
by
Bernard Hickey delivers an economic weather report in association with ASB, including a look at this chart showing bankruptcies have been relatively stable at a higher level for the last year or so after rising sharply early in 2008. This suggests the recession is hurting, but is not hurting more people more often, partly because interest rates are much lower. Here's the full interactive chart
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