I find it rather distasteful when I read reports with statistics about “poverty” and “low income families” when the real dramas are:
- home repossessions
- and rising bankruptcies.
Even more distasteful is finding out that the causes are
- white collar crimes of banks and official institutions.
The Centre for Policy Evaluation produced the report Drivers of Over-indebtedness with data by the British Household Panel Survey (BHPS) resulting in this graph: