Friday, 31 December 2010

2011

If you are pessimistic by nature then 2011 holds much in store for you:

(1) Virtual absence of growth in the UK economy with the slight prospect of recession,
(2) Reduction in consumer spending due to inflation, job losses, income freezes/cuts, increase in VAT,
(3) Union action to seek to protect their members' interests,
(4) Reducing house prices,
(5) Next stage of the financial crisis (increase in UK domestic mortgage defaults?; Greece to be first country to leave the euro?; further difficulties for some bank as they seek to refinance existing debts)

Personally I'm optimistic by nature so whilst others see problems I see opportunities to increase community power, reassess what is really important and spend more time working on what is critical rather than what is urgent.

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