On the other hand my e-mail started to get swamped by lists of distressed properties in Spain (OK, they think these are bargains but we all know that the prices are shamefully high. So we are not conned.).
The source in both cases is a statement by HBOS realeased at 8 AM this morning.
The point I made is there is already a thread on this subject, although I do realise that many contributers to this forum seem unable to keep on topic.
Did you read the article in the New Satesman I also posted under the correct heading.