I dont know how bad Canada has been hit by the recession but England has been hit pretty bad ,especially in the construction industry .Many building sites have come to a standstill with houses half built and many sites havent even got off the ground .
Other industries have been hit pretty hard too ,my wife has just had to go on a 3 day week .
Many people over here blame the current labour government for not intrvening in the banks who have payed out rediculous bonuses to their executives and for lending out money to people who could not afford to pay it back .
Not so long ago it was not uncommon to receive offers for various loans or credit cards through the post ,or people given mortgages which were well beyond their means .
Theres been lots of houses reposessed and lots of people who have lost their jobs .How have we got in such a mess .:-(
Other industries have been hit pretty hard too ,my wife has just had to go on a 3 day week .
Many people over here blame the current labour government for not intrvening in the banks who have payed out rediculous bonuses to their executives and for lending out money to people who could not afford to pay it back .
Not so long ago it was not uncommon to receive offers for various loans or credit cards through the post ,or people given mortgages which were well beyond their means .
Theres been lots of houses reposessed and lots of people who have lost their jobs .How have we got in such a mess .:-(