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Showing posts with the label mortgage

Interesting Fact - Money

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According to figures from the Bank of England, personal debt in the UK has reached a record level. Including mortgage debt, households now owe a total of £1.43 trillion! (On average, that means each adult in the UK owes £28,489. I am so glad I'm living in Germany, people simply don't flash the plastic as much here.)

Interesting Animal - Ants

According to researchers at Bristol University in the UK, ants are ‘better than humans’ when it comes to choosing a new home. (The ants were given a choice between two nests, one of which was superior to the other in its construction. The scientists noted that the ants chose the superior nest even though it was nine times further away than the alternative. It's all very clever, but what the scientists failed to figure in is the ants were never presented with a mortgage to pay at the end of the month.)