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View Diary: CBS News poll: Bush's numbers collapsing (170 comments)

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    Thats a pretty solid summary of things to explain it - and a testimony to the standard of discussion round here. So things to watch out for are

    House prices falling
    Rate rises
    Oil prices (record high today I see)

    After a house price bust in the UK negative equity (your mortage is worth more than your house) became the phrase of the day and political poison. If that's coming your way a lot of people will be feeling the squeeze as well as Bush.

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