Nothern Rock repossessions - a taste of things to come?

[chris watton]

Just watching the news on the BBC, which has been quite scathing about the government run Northern Rock, and record repossessions, showing films of defaulters crying, saying they can no longer afford their mortgage, and have to work longer hours, sobbing etc..

Is this just a taste of what's to come, now the main banks are to be government run (I know, they say they won't run them, but....)

I think that soon, many people who have lived their life on credit are going to see exactly how hard it is to actually earn and keep the things you want.

[chris watton]

Ah, just noticed another thread of the same, please delete....