Those who had been wanting to describe our current economic predicament as “Dickensian” should not feel obliged to wait any longer. The Financial Times brings news that, over in Britain, “Christmas this year will see people eating smaller Christmas puddings and cakes.” Other side effects of the recession in the U.K. include: less frequent haircuts; bottled water giving way to the tap; and Brits eating food that has expired. "We are moving into an area of the frivolous being unacceptable and the frugal being cool," a supermarket executive tells the paper. "A whole new consumer generation will come out of this." Perhaps most heartbreaking: This year’s most popular adult Christmas gift, according to the executive, will be a jumper.
Read it at The Financial Times (subscription required)
