The UK is heading back into recession and will take a long time to recover, so we're told. Two more years of pain. A lost decade. Etc.
A good friend of mine was trying to persuade me that I should up sticks and leave the UK. It's the wrong place to be and will be for a long time. Be free. Not just George Osborne who is being pressured to come up with a Plan B then. Well, I'm not doing all this again from scratch in 5 years time. The UK is the only game in town, at least until we have established something worth coming back to.
Coming from where I am, it doesn't look so bad. I don't have any assets to downgrade, a mortgage to pay or a job to lose. Anything will be progress. When I get a job, it is likely to pay more than I've ever earned before - though not perhaps in purchasing power. Everything except beer and cheese was cheaper in Taiwan. No pay rise for a couple of years? I haven't had a pay rise in 10 years. In fact, English teaching in Taiwan has attracted approximately the same hourly rate of NT$600 for 20 years or more. In the early 1990s foreigners would find themselves literally dragged off the street by the over excited owners of cram schools and expected to teach English primarily on the grounds that they were white. Halcyon days.
The future is in China. At least as far as English teaching is concerned.