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</html><description>Some strengths to cope with adversity continued from previous article &gt; The truth about cutting out waste My next point is important, although rarely voiced&#x2026; It suits commentators, politicians and speculators to scare the wits out of people with apocalyptic visions of what will happen if their particular views aren&#x2019;t acted on. I am convinced that although Britain&#x2019;s fundamental problem of public-sector profligacy is serious, the immediate risks of a fiscal crisis are greatly exaggerated. The strengths of Britain&#x2019;s position are ignored by scaremongers. For example, its foreign trade deficit is low &#x2013; the IMF forecasts it for this year</description><thumbnail_url>http://www.thebizsense.com/views/files/2010/12/cope-adversity.150.jpg</thumbnail_url></oembed>
