Austerity - Belt Tightening - Hard Times Ahead

Inflation rising, interest rates rising, house prices falling fuel prices rising, food prices rising, debt spiralling out of control.

Now we are faced will running out of fuel.

I have said hitherto that we face an apocolyptic meltdown.

Yet, everybody, yes everybody, government and the population at large, are wholly appathetic to what is in store for them.

Facts and hard facts at that, have to be faced, the world has been living too well, in particularly the British and Americans.

I have said previously house prices will fall by 40% from current levels by 1 November 2008.

OIl is now predicted to rise to $250.00 BP... by the New year.

A spell, probably 10/15 years of belt tightning and austerity is required. Less speding on credit, of money folk do not have, or think they have in bricks and mortar.

During that time fuel and food prices are going to increase year on year.

We are into a new world order and it's going to become very tough, harsh and unpleasant.

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