Ruth Simon And James R. Hagerty:

23% of all mortgage borrowers in the US are underwater.

Decius:

Imagine if they all walked.

Rory Stewart:

"It's like they're coming in and saying to you, 'I'm going to drive my car off a cliff. Should I or should I not wear a seatbelt?' And you say, 'I don't think you should drive your car off the cliff.' And they say, 'No, no, that bit's already been decided - the question is whether to wear a seatbelt.' And you say, 'Well, you might as well wear a seatbelt.' And then they say, 'We've consulted with policy expert Rory Stewart and he says ...'"

Decius:

Sometimes the market drives off a cliff.

John Lanchester:

The average British household owes 160 per cent of its annual income. That makes us, individually and collectively, a lot like the cartoon character who's run off the end of a cliff and hasn't realized it yet.

We in Britain are, to use a technical economic term, screwed.

The German economy is fucked off a cliff.

The consequences for Britain are going to be horrific.

Judith Warner:

We're all losers now. There's no pleasure to it.

Cliff Diving