The Financial Times of the 28th May 2012 carried what I find to be a worrying report (http://on.ft.com/K2S8Z2) by Mr Savouri the chief economist of London-based Toscafund.
The report appears to be very bullish. It opines that in the medium term the prospects for the UK are better than those of Germany! However this rosy future is predicated on two factors that should be anything but rosy for the current people of England. These are: