I’m fed up with the latest media buzz-phrase ‘credit crunch’. Using this soft-soaping, as most news agencies in the UK are, is skirting around the fact that, globally, we appear to be teetering on the edge of quite a nasty recession. I’m curious though – are the people responsible, the individuals that sold mortgages en masse to bad credit risks in the US and UK, being punished in any way? Are the decision makers being brought to book? Not that I’ve seen…