louisiana Wrote: ------------------------------------------------------- > The financial services sector, like all other > sectors, will do what is in its own interest. Why > would they do anything else? > > Recovery? What recovery? We're facing peak oil and > hence the likelihood of vastly increased prices > for anything derived from oil and anything using > oil, peak a whole lot of other resources in the > not too distant future, Western countries loaded > with debt, a still very possible sovereign debt > crisis in various countries, a global change in > the balance of power (China etc.), a global > population *explosion*, increasingly skewed income > and wealth distribution in many Western countries > (including US and UK), a whole lot more > unemployment to come.... Rather than any recovery, > I think we are facing crunch time. Jeez - you must be nice to live with. Such optimism.