Dale's Entertainment Corner

It seems that the the global financial crisis has been finally brought to book.Yes,the credit crunch has propelled popular business jargon like stagflation,ninja loans and even funt onto a list of 100 new terms and phrases compiled in the latest edition of the 'words of the year'.Stagflation is the economic term for stagnant growth and rising inflation,Ninja loans comes from the abbreviation of NO Income,Nojob,No assests and funt means the financially untouchable.Other phrases such as jingle mail,which means sending back the keys to the mortage company when the occupants can no longer make payments on their house are alos a sign of the times according to susie Dent who coimpiled the Book.