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  Howard, by nature I'm an optimist and reasonably happy considering what life has to offer but if it looks like a duck and smells like a duck then the chances are that you are looking at a duck. It's all part of the long wave cycle recognised by sensible economists in the same way that the hockey stick graph cited by climate weirdos is recognised as a fraud by real scientists.
  There's nothing that the world can do about the oncoming express train. All you can do is prepare as best you can by ensuring that you save as much cash as you can, don't get into debt, buy frugally and think to yourself do you really need that widescreen tv after all there's one, unused, in the market square anyway.
  There is no growth vehicle on the horizon. In years gone by leaps in technology have launched economic booms which in turn led to growth in the wider economy. Think the industrial revolution, the invention of wireless, television, the car, the internet etc.
  As for Osbourne blaming the eurozone this is a prime example of why we should place no faith whatsoever in those in government especially in bad economic times as they get more desperate with each passing day. They will lie (as Osbourne did today) and still think that people are unable to spot their lies.
  A tip: When Cameron or Osbourne tell us that our banks are safe (they will, more and more as the end game nears) that is the time to withdraw as much cash as possible for obvious reasons.

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