In time this crunch will make many more people completely re-evaluate their priorities and what they want from work? If you can see years of hard graft and investment/saving wiped out from the actions of idiots where is the security? If this all leads to more people placing an emphasis on quality of life than £££ it will not be a bad thing. Is it a fragile life model/business model to have if the Black Swan completely derails your entire life?

Please stop pretending to be Mars. And for me it makes sod all difference, the good survive and do better the mediocre are found out and swept aside.Darwins law of consulting as applied by Taxman :)