We need a drastic change of course

THE shocking and serious nature of the economic decline over the past few months serves as a reminder to all of us that the better the party, the worse the hangover the next morning.

As a nation and collectively as individuals we must of course accept our share of responsibility.

Many of us who grew up in a time where our parents barely owned one house decided to gamble on a second one. Heading off to Paris or Rome for the weekend was nothing unusual and it was the only place we could be guaranteed to have dinner out where the entire restaurant was not discussing house prices. I think many would agree that as a nation synonymous with the ideal of struggling we deserved to let our hair down.