Splurge on christmas to save the economy?

This morning we hear that a Eurozone collapse would lead to living standards dropping to that of Latin America. Ex-chancellors Brown and Darling predict that France will be next to take a battering from the markets…

So how long will it be before we are urged to splurge on Christmas to save the UK economy? From preaching a message of austerity and belt tightening will our government change it’s Christmas message to¬† – “spend spend spend?”

I for one have been running austerity measures in our household for too long to allow a huge Christmas splurge – we don’t do credit anymore so all our Christmas purchases will be paid for in cash – BUT my news savvy 13 year old has already commented that the Christmas budget should be doubled this year – because spending more on her presents is in the national interest !!

Scrooge or Greek style spending – what will it be in your household?