However it’s interesting to think what is the motive behind the IMF lending. Quite an interesting program on the BBC recently (“all watched over by machines of loving grace”) discussed how all the recent financial crisis echoes what happened in SE Asia a decade ago. The bailout basically is provided to make sure that the foreign investors who made bad loans get their money back and the debt is passed onto the people of the country. Surely it would be far better for Ireland and Greece and everywhere else just to default on their loans and teach all the financiers a lesson.

Anyway, certainly interesting times ahead. I’m not sure I look forward to the days when China is imposing austerity measures on the US but it will certainly be a whole different board game and I’m sure your investment in your land and house will be looking like a very wise one indeed!

The second article (by Richard Douthwaite) is a real eye opener. I consider myself (probably incorrectly!) as moderately well read, and I’ve never previously heard of the ideas he talks about – they really have opened my eyes.

I’ve been in my job now for thirteen years, so don’t keep any successes to yourself – I need some encouragement

More great photos, by the way…what camera do you use?