The world may not have ended on December 21st, 2012, but it looks highly likely that the economic dominance of the US will be very much in its death throws during 2013…
This puts the UK, with its intimate links to both the US and the Euro-zone, in a very precarious position. On hearing about the looming fiscal cliff and the risk of hyperinflation there are some people who will be tempted to build a bunker, dress like an action man and stock up on freeze-dried chicken noodles (the kind of people who give preppers a bad name courtesy of the Discovery Channel). But those of us who enjoy fresh air (and fresh fruit & veg for that matter) like to take a more logical (in actual fact ‘methodological’…) approach.
The word economy comes from the Greek oikonomos (manager of a household) and is closely related to the word ecology
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