With all this doom and gloom around, it’s worth bearing in mind that change (even if enforced and apparently unwelcome) can be beneficial. Stepping off the work treadmill can lead to a better balanced and improved quality of life.

The FT has a report today that the worldwide drop in output will singlehandedly enable the kyoto signatories to meet their CO2 targets.

On an individual level, redundancies can lead to a more fulfilling life as set out here.