Financial Crisis Prediction

The date is 16 August 2011. A few days ago I had a chat with a friend of mine in Washington D.C. and we discussed the downgrading of the USA’s credit rating by Standard and Poor’s. We both agreed that there are at least two or three more years of finacial repercussions of the 2008 financial crisis.
It looks as though the Euro might implode and other countries might find themselves being downgraded. I don’t think the Euro will disappear it is too important for that but I do believe that there is going to be a whole lot more of hurt for the whole world as markets realign the worth of everything. Ministers and world leaders aren’t allowed to speak the truth about the markets for fear that it will make things happen quicker. Those who we expect to speak for the countries are largely self interested and afraid of completely wrecking what is seen as a broken system (by me). This inability to speak of more financial pain is leading to a protraction of the crisis.
I am glad that I work for the state in a roundabout way and not in the service sector. I think the next few years are going to go from pretty bad to worse. Such is life.
It would be nice to see governments finally reigning in corporations and banks so that there is more regulation. It appears that those in charge of these institutions over the last few years have made their cash and are now nicely retired in their gated homes.
Oh for the good old days of stability!? When was that?

Door to door

The other day I decided it was necessary to phone the police. This is what happened:

There was a knock on my door. I answered and a young man waved some paper in a plastic cover at me saying he was an ex-offender. I assumed the paper was some form of ID, his passport was also visible in the bag
I’d bought some stuff from people like these a few years ago and it was poor quality and expensive, almost as bad as Betterware stuff. So I said no thanks and this chap wandered further down the street. I shut the door.
I then heard my neighbour speaking to the other “salesman”. The “old boys” live next door. They are in their 80s and quite deaf and vulnerable. I do their shopping when it’s icy. I opened my door and:
“There’s a no-cold-calling sign in the window” I informed the second young man.
“Sorry I’m dyslexic” was the response.
“Well now you know so please leave the old man alone”, I requested.
“No cold calling signs are big with a red outline, he hasn’t got that so I’m talking to the old man. He’s asked to look at the gear so that’s what I’m doing”. The atmosphere was turning oppressive.
“Will you please leave him alone”, I continued.
Now the 1st ex-con started back towards my house.
“Sorry mate, did you want to buy something?”
“No”, I re-confirmed.
“Just being nosy then!”

At this my neighbour was left alone and both guys walked further down the road. The dyslexic one reading a text on his phone.
I never really thought that people could be rude or target old people even though I’ve seen it in tv. These two young men were pushy salesmen. I doubt they were doing this as part of a reform programme I think they were just out to con people. Real salesmen wouldn’t get aggressive with the public. They would maintain their professionalism. These two were just scumbags out to make money whatever way they can.
I phoned the police to let them know. Next time I’ll take a picture with a digital camera and post it.
Here are the google results for news items about ex-offenders and door to door sales.

BBC News
Barry District News
Whaleybridge Forum
South Kesteven