Slow motion Crash

It feels like a slow motion crash. You know you've hit the brakes and know your not going to stop in time. AD in the budget has announced that this years deficit will be around £175 Billion as a result of the Government's borrowing. There is no immediate pain by raising Tax's but you just know its going to happen in the future. The excuse for not doing anything much now is that if they do then that will only make the recession worse. There is also the small matter that there has to be an election in June 2010 at the latest. Its difficult to see where all the investors are supposed to come from to lend the UK, USA and what seems like every where else. The forecasts for recovery are shear fantasy