Gates of Vienna News Feed 12/27/2010

Housing prices in the UK are expected to continue falling in 2011, with experts predicting that the average price will drop about 2%. Housing is not the only area in which reduced economic activity is expected: retailers expect the January 1 rise in VAT to depress their sales during the coming year.

In other economic news, the Greek government’s austerity budget for 2011 has prompted the communists to urge workers to start “a real war” to “overthrow the regime” and set up “a government of the people” — and also repudiate the country’s debt to the EU and the IMF.

To see the headlines and the articles, open the full news post.

Thanks to AJ, C. Cantoni, DF, DW, Fjordman, Gaia, Insubria, JD, KGS, Nilk, Takuan Seiyo, TV, Vlad Tepes, and all the other tipsters who sent these in.

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Caveat: Articles in the news feed are posted “as is”. Gates of Vienna cannot vouch for the authenticity or accuracy of the contents of any individual item posted here. We check each entry to make sure it is relatively interesting, not patently offensive, and at least superficially plausible. The link to the original is included with each item’s title. Further research and verification are left to the reader.