Growth
I won't labour this.
Looking at the UK, only this week, the boys at the top announced sorting the budget deficit as being more difficult than they ever planned. UK house holders are under pressure too.
Our IMF mire wwas partially created by the delightful banking fraternity - amongst others. Again back to "greed". WIth the average punter rowing in far deeper than they've ever done. You don't have to look too far back to see London houses selling for £35,000! And yes I bought one so go figure.
Booms and busts happen for economies all the time. Currently we're in the bust phase, looking at country spreadsheets in Europe - there well could be a few more.
It's more a case of get on with and stop wasting time on this rubbish. Look down your noses all you want. Most of us care not a jot. We'll get on with it anyways.
Chow for now.
Shamrogue