Mr Bootle, managing director of Capital Economics, warns in Deloitte Economic Review of a more than 30 per cent drop in the value of homes by 2010, with 'severe, adverse effects on household spending and investment'.
Runaway food and energy prices will leave little room for a cut in borrowing costs to help the housing market.
MUSIC fans might soon have their iPods searched by Customs officers at airport checks and face jail if a large amount of pirated music is found on them.
The push for the unprecedented searches of travellers' laptops and MP3 players has been revealed in a leaked discussion paper relating to a treaty being negotiated by the Federal Government.
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Posted: 10:19:53 AM
Project Camelot Interviews Leo Zagami
Part 1 of 3
Leo Lyon Zagami, ex-member of the Comitato Esecutivo Massonico - the Masonic Executive Committee - of Monte Carlo, was, until recently, a high level member of the Italian Illuminati.
He is a 33rd degree Freemason, and a senior member of the infamous P2 Lodge.
He was the 'Prince': prepared to take over after the older Illuminati 'King', Licio Gelli.
He was born of a Scottish-Sicilian Illuminati aristocratic bloodline, and so has been involved in the Illuminati Order since childhood.