A very bearish prognosis on the Anglo-Saxon economies in The Observer. Are they just trying to scare people enough to buy their book, or do they have a point? I think that some of their points are valid, especially regarding deflationary forces. However, I don't believe it will be quite as bad as they say. Anyway, I hope not. What is the benefit of being able to buy a home at a reasonable price when your countrymen are on a soup line? Let's pray that this can be done in a controlled fashion.