We all know the truth now. Even the BBC cant hide the fact that we are still in recession and it is getting deeper each day.

More companies are going under - many more people are losing their battle with high bank interest rates. The streets are empty - the only thing increasing is home entertainment and food from cheapo supermarkets and £1 shops.

The BUBBLE Is well and truly burst. With 25% cuts to PUBLIC SECTOR next year we will see an extra MILLION unemployed - and with it another raft of company and shop closures leading to a further 2 million unemployed or on Government Schemes.

The UK will hit the rocks and our BANKS will go under in the next 12 months. Most of hanging on by their fingertips.

At this point the IMF will step in and bail us out - and we will be like ICELAND. A real THIRD WORLD country and economy.

The CITY of LONDON will carry on pretending they are making money - gambling away with "funny money" living in their own bubble of bonuses and champagne until someone will pull the plug on that as well - and they will leave clutching their Iron Mountain boxes to a life of unemployment like everyone else.

The only people working in jobs left are PUBLIC SECTOR - the rest of the economy is shot. Most working in low paid min wage - or being self employed in low paid work wondering whether the next job will keep the head above water.

Thank you New Labour and Bush for doing this to us. What a wonderful life !!!