Three reasons why our economy is heading for the rocks

1. The BP oil spill. It's much, much, MUCH worse than we think.

I personally have no sympathy whatsoever for BP. No Big Oil company has been more assiduous in sucking up to ecotards, bigging up the "alternative [to:] energy" industry, promoting belief in ManBearPig. But I do feel sorry for the pensioners and shareholders dependent on BP for £1 in every £6 of their dividends.

2. Dismal ManBearPig-worshipper Tim Yeo MP being made chairman of the new Energy and Climate Change committee.

Politics...