Waiting for a Recession

Whilst the media procrastinates over the economy and the economists talk us into a recession, households are tightening their belts and forsaking luxuries such as their modest little family holiday in Skegness.

Whilst social housing waiting lists are set to rise by the millions, levels of homelessness are increasing and bewilderingly, construction workers are being laid off, Senator John McCain nonchalantly tells the world that he doesn’t know how many homes he owns.

Whilst the average family is struggling to ride the increasing food, water, fuel and energy costs, Britain’s richest are getting richer and the world’s billionaires are taking advantage of the market situation and are using their spare billions to buy up companies while shares are cheap.

Ho hum.  Such is capitalism.

Souce.  Source.  Source.  Source.


4 responses to this post.

  1. Waiting for a recession…

    Whilst the media procrastinates over the economy and talk us into a recession, households are tightening their belts and forsaking luxuries such as their modest little family holiday in Skegness. Whilst council house waiting list ……


  2. Posted by ders on August 31, 2008 at 2:29 pm

    Have you ever read Atlas Shrugged, by Ayn Rand?


  3. EP, you there? What’s happening, did you go on holiday? I’m finally getting back into a routine again. God knows I’ve fought it but the law of sameness always wins! Peace & luv. 🙂


  4. Hey Matt, welcome back. Hope you had a good time. I am hoping to catch up with the blog world soon . . . and write a few of my own posts so that I don’t get left behind totally.


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