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    Yes indeed Roger.
    Anyone who saw Robert Peston's programme last night on BBC2 will have seen how differently the Chinese go about things. Peston spoke about the collapse of capitalism in the West as we know it. The Chinese work for a lot less money from boardroom to shopfloor....realistic salaries, nothing borrowed. We expanded our western capitalist empires on the procurement of cheap and easy borrowing...now the borrowing has run out. Borrowed money paid for everything including those super super salaries, and society clearly cannot afford such indulgence anymore.

    Ps just to add...watching that programme showed just how global we are these days, quite a shocker in some ways. Someone does something small in a far flung location and guys lose their jobs here in Halifax and Macclesfield.

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