Are we heading for recession?

lets straighten it out. 1) the uk economy is not producing net wealth,hence we are all borrowing to prop it up, when we run out of equity and when interest rates reach 12% ( how longs your mortgage!) we are stuffed. Then the government will start borrowing to prop it up( germany got there first!)

2) The only one in europe with a deep understanding of the germans is the italian pm.

But it does'nt explain why it seems to me the Germans have loads more disposable income than we do. They seem to drive better cars, have better roads, better buildings, better public services, and the unemployed do much better as well.

And there economy is ten times bigger than ours.

Considering that it was gibberish I'm not sure that's a compliment :)

I was referring to the pouring of the wine, not to your, er, literary output.

Damn ! I missed that - I used to enjoy Penfolds Shiraz Bin 555 in the good 'ol days.....

Daytona