Sunday, 10 April 2011

A third of Britons to retire in poverty

http://www.telegraph.co.uk/finance/personalfinance/borrowing/mortgages/8413754/A-third-of-Britons-to-retire-in-poverty.html

It showed 35 per cent of people will retire this year with an annual income of less than £14,000, the amount required to stave off poverty.


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This is not a sign of a recovery.
This is with so much Govt assistance.


I wonder when deflation hits this nation - what would happen here.
I think chaos is the right word.

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