Where’s the credit crunch? (From Borehamwood Times)

Where’s the credit crunch?

10:05am Monday 22nd June 2009

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I just would like to know who in this area is “really” suffering from the economic crisis?

I sat for about two hours in a coffee shop in Shenley Road and I looked out the window.

I noticed people walking up and down the high street, families with kids maybe enjoying the market, small group of friends laughing under the sun, some elderly people struggling with their walking sticks and other ordinary people simply sitting inside the coffee shops relaxing with a newspaper and a cuppa.

Being Saturday, you cannot miss the people driving their sports cars and a convertible Bentley (it’s more likely you’ll see these on the weekend.

So I thought: what has changed from four years ago when the economy was strong?

In Borehamwood we have seen the boom in housing where many people have made a fortune from it.

We have also seen shops closing down and others taking over (see IceLand and Let’s Meat) and people going shopping elsewhere, damaging the local economy and still no relevant difference can be seen.

In other words we are living in an area comparable to a happy island where very little has changed (except the council tax: which is still increasing).

The view out the window today, hasn’t changed much from the one of four years ago but I hope to see more happy faces in the near future.

Dominic Buongiorno, Beech Drive, Borehamwood

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