I'm lead to believe....

1) Zero interbank lending, no liquidity in the market, decent businesses going bust due to lack of working capital/overdrafts etc. Huge unemployment.

2) Zero overseas investment through lack of confidence in UK finances.

3) Huge amount of housing repossessions and collapse of the housing sector.

4) Reduced availability for personal loans/finance severely damaging the retail economy.

5) Spiralling deflation.


I know the classic argument is that the stronger banks would pick up the pieces of the failed banks, cherry picking the loan book etc. But this would leave the most vunerable people repossessed and staring at bankruptcy.

Primrose is the official flower of the Tory party as well. Both our colours represent the Conservatives.

That has made my day, well that and Ponting's gob.

Superb. Can still see Ponting with a big double hundred in 2nd innings :-S

I think even the Aussies at their best, or Indias batting line up, would have struggled in this situation. Batting out two and a bit days on a crumbling dusty pitch.....not going to happen.

Best the Aussies can hope for is a fine rearguard action to make 380 and take the game to the fifth day.

80 for 0. Making a fist of it in true Aussie backs to the wall style. They are playing attacking and I think its fair to say there will be a result one way or another.

Only 4 months and three days 'til Christmas, kids!