www - you didn't ever work for the Daily Mail did you?
Your statements above - while possibly true in some cases do need a little balance.
UK retail sales figures out today for June are the worst ever recorded.
Since records began - in 1986
US house prices are falling harder than in the Great Depression.
Debateable - although the fact that we still are in an inflationary economy and during the Great Depression there was de-flation due to the appaling finacial position then this can be made to appear that in 'real terms' the US housing market is falling faster than it was in 1931
Oil is nearly twice what it was a year ago.
Nearly twice - well $77 * 1.65 = $124
Stock markets are in Bear Markets.
As they have been for about 4 years
Unemployment is rocketing.
Unemployment has shown a steady rise althouh employment is also up at record levels.
I could go tediously on. We have a house price crash. We have a recession. We will therefore have a number of airline busts come Autumn/Winter and for Wannabes this will be a dire crisis far deeper than the Sept11th 2001 event.
That's in stone.
You do go tediously on!!!
What you have stated in your last paragraph may well be very well thoughtout opinion but it is not 'In Stone'
I am not doubting that things are not fantastic and that any Wannabe would be a complete fool to mortgage his parents house to get himself into 20 years debt on the off chance of a job - but please, can we not devalue this argument by having a) A list of tabloid style doom and gloom 'headlines' without the 'facts' being fully substantiated and B) Every time someone states something that does not support ones argument - don't immediatly dismiss anything said - it is not constructive and just looks petty!