You can’t always get what you want

Recent events in the financial markets and, in fact, empirical evidence from the High Street, all point to a marked slowdown in the economy, if not an impending recession. The main trigger for this turn of events has been the fallout from the sub prime lending fiasco, but at a much deeper level is symptomatic of the buy today, pay tomorrow mentality that has become prevalent in the past two decades. 

Add comment November 8th, 2007