The article derived from Jan.2015 the economist.

Firstly, the author has made a conclusion that household wealth and debt is forecast to swell in 2015, probably triggering a financial crisis again.

Although the balance-sheets are not fully repaired, the consumers have been spending more. Moreover, according to the forecast by OBR, the saving would slump from 6.6% of income in 2014 to 5.4% in 2015 and then 4.8% by 2019. In addition, a housing boom allowed the aggregate debt-to-income ratio to reach a record high of close to 170% before the crisis, which may prove temporary to harm the financial system. Also, based on the essay of John Ralfe, the saving rate has fallen to -0.2% in 2013.