Originally Posted by WWW
The only thing to look forward to is decades of higher taxes and lower growth as a result of this epic public 'spending'.
do you wander around with a little black rain cloud over your head WWW ?
I'm not overly happy about the points 2 and 3 but on the whole your predictions below for the most part are worth celebrating alone!
Which is house prices must come down; the banks' assets must be repriced; insolvent banks must be closed; interest rates must encourage saving; consumers will have to stop borrowing to spend and everyone will have to start paying their debts.
In short, a return to the real work I think!