Is There An Alternative to Bankruptcy and Debt?
The UK consumer debt problem is rocketing out of control. Total consumer debt has passed the ?1 trillion mark and now stands at ?1.13 trillion. Whilst average household debt across the UK is of ?4,092 and is set to rise.Meanwhile the number of bankruptcies being declared is increasing year on year. In 2005, the total number of bankruptcies recorded was 70,000. This figure was much higher than bankruptcy figures for 1992 when the UK was in recession. The reason for the rise in debt and bankruptcies is two-fold.rovement as the season progresses though.

Christiano Ronaldo has probably been the most talked about player of the World Cup and post World Cup football news world. His stay at the Red Devils seemed destined to end, as talk of him joining Real Madrid intensified over the summer. His rift with Wayne Rooney was propelled to exponential proportions by the media. Yet, Ronaldo stayed, as Sir Alex Ferguson claimed he would. What's more, United have flourished, sco

Table summary after third round of games for the 2006/2007 English Premiership season:

1 Man Utd Games: 3 Wins : 3 Draws : 0 Losses: 0 Points : 9
5 Chelsea Games : 3 Wins : 2 Draws : 0 Losses : 1 Points : 6
7 Liverpool Games : 2 Wins : 1 Draws : 1 Losess : 0 Points : 4
17 Arsenal Games : 2 Wins : 0 Draws : 1 Losses : 1 Points : 1

Another exciting Premiership season is under way. Three rounds have already gone by, and the transfer deadline is nearing. A lot of teams have strengthened yet some have not made a very good start.

We can safely say that the clubs that finished in the top four last season, are the top four clubs in England at the moment. Chelsea, Manchester United, Liverpool and Arsenal have proved over the past decade especially, that they represent the cream of English football. They have however had different starts to this season.

Chelsea, the champions two years in a row, have bought big. Andrei Shevchenko has left the lights of Milan for the lure of Stamford Bridge. He is joined by Michael Ballack, the German captain from Bayern Munich who joined on a free transfer. Then there is Solomon Kalou, Jon Obi Mikel and Khalid Boulahrouz all signed up. Jose Mourinho has decided this season to ditch his "two players for one position policy" and opted for his new "utility players that can play in various positions" policy. He let go of Damian Duff, Glen Johnson, Eidur Gudjohnsen, Carlton Cole, ( William Gallas probably) and others are bound to follow. He has also gone away from his tried and trusted 4-5-1 formation, to the more conventional 4-4-2 diamond, in order to incorporate Ballack and Lampard in his team, while keeping Makelele and Essien happy. So far, his team seem not to have found their rythm, which is reflected by their loss to Midlesborough on Wednesday. We should expect improvement as the season progresses though.

Christiano Ronaldo has probably been the most talked about player of the World Cup and post World Cup football news world. His stay at the Red Devils seemed destined to end, as talk of him joining Real Madrid intensified over the summer. His rift with Wayne Rooney was propelled to exponential proportions by the media. Yet, Ronaldo stayed, as Sir Alex Ferguson claimed he would. What's more, United have flourished, scor

nsfer deadline is nearing. A lot of teams have strengthened yet some have not made a very good start.

We can safely say that the clubs that finished in the top four last season, are the top four clubs in England at the moment. Chelsea, Manchester United, Liverpool and Arsenal have proved over the past decade especially, that they represent the cream of English football. They have however had different starts to this season.

Chelsea, the champions two years in a row, have bought big. Andrei Shevchenko has left the lights of Milan for the lure of Stamford Bridge. He is joined by Michael Ballack, the German captain from Bayern Munich who joined on a free transfer. Then there is Solomon Kalou, Jon Obi Mikel and Khalid Boulahrouz all signed up. Jose Mourinho has decided this season to ditch his "two players for one position policy" and opted for his new "utility players that can play in various positions" policy. He let go of Damian Duff, Glen Johnson, Eidur Gudjohnsen, Carlton Cole, ( William Gallas probably) and others are bound to follow. He has also gone away from his tried and trusted 4-5-1 formation, to the more conventional 4-4-2 diamond, in order to incorporate Ballack and Lampard in his team, while keeping Makelele and Essien happy. So far, his team seem not to have found their rythm, which is reflected by their loss to Midlesborough on Wednesday. We should expect improvement as the season progresses though.

Christiano Ronaldo has probably been the most talked about player of the World Cup and post World Cup football news world. His stay at the Red Devils seemed destined to end, as talk of him joining Real Madrid intensified over the summer. His rift with Wayne Rooney was propelled to exponential proportions by the media. Yet, Ronaldo stayed, as Sir Alex Ferguson claimed he would. What's more, United have flourished, sco

ars in a row, have bought big. Andrei Shevchenko has left the lights of Milan for the lure of Stamford Bridge. He is joined by Michael Ballack, the German captain from Bayern Munich who joined on a free transfer. Then there is Solomon Kalou, Jon Obi Mikel and Khalid Boulahrouz all signed up. Jose Mourinho has decided this season to ditch his "two players for one position policy" and opted for his new "utility players that can play in various positions" policy. He let go of Damian Duff, Glen Johnson, Eidur Gudjohnsen, Carlton Cole, ( William Gallas probably) and others are bound to follow. He has also gone away from his tried and trusted 4-5-1 formation, to the more conventional 4-4-2 diamond, in order to incorporate Ballack and Lampard in his team, while keeping Makelele and Essien happy. So far, his team seem not to have found their rythm, which is reflected by their loss to Midlesborough on Wednesday. We should expect improvement as the season progresses though.

Christiano Ronaldo has probably been the most talked about player of the World Cup and post World Cup football news world. His stay at the Red Devils seemed destined to end, as talk of him joining Real Madrid intensified over the summer. His rift with Wayne Rooney was propelled to exponential proportions by the media. Yet, Ronaldo stayed, as Sir Alex Ferguson claimed he would. What's more, United have flourished, sco

let go of Damian Duff, Glen Johnson, Eidur Gudjohnsen, Carlton Cole, ( William Gallas probably) and others are bound to follow. He has also gone away from his tried and trusted 4-5-1 formation, to the more conventional 4-4-2 diamond, in order to incorporate Ballack and Lampard in his team, while keeping Makelele and Essien happy. So far, his team seem not to have found their rythm, which is reflected by their loss to Midlesborough on Wednesday. We should expect improvement as the season progresses though.

Christiano Ronaldo has probably been the most talked about player of the World Cup and post World Cup football news world. His stay at the Red Devils seemed destined to end, as talk of him joining Real Madrid intensified over the summer. His rift with Wayne Rooney was propelled to exponential proportions by the media. Yet, Ronaldo stayed, as Sir Alex Ferguson claimed he would. What's more, United have flourished, sco

rovement as the season progresses though.

Christiano Ronaldo has probably been the most talked about player of the World Cup and post World Cup football news world. His stay at the Red Devils seemed destined to end, as talk of him joining Real Madrid intensified over the summer. His rift with Wayne Rooney was propelled to exponential proportions by the media. Yet, Ronaldo stayed, as Sir Alex Ferguson claimed he would. What's more, United have flourished, scoring at will, and winning all three of their games, while more importantly, playing beautiful football. They strengthened over the summer with the high profile capture of Michael Carrick from Totenham, while they seem poised to snap up David Trezeguet from Juventus on transfer deadline day, as a direct replacement for the departed Ruud Van Nistelrooy. Their only blip, is the apparent failure to land Owen Hargreaves from Bayern Munich.

Elsewhere, Rafa Benitez has been working hard to bring about his "Rafalution" at Anfield. His captures of Craig Bellamy and Jermaine Pennant might be frowned upon by the media at large, but might just turn out to be buys of the season. He has also strengthened in defence bringing in Fabio Aurelio. His recent buy of Dirk Kuyt speaks for itself. Liverpool have had a stuttering start to the season, but in all fairness, they have been concentrating on their qualification to the Champions League. Things can only get better from here.

The team that made the worst start of the top four, are the Gunners. They are in their maiden season at their new home - Ashburton Grove ( Emirates stadium ), after leaving Highbury at the end of last season. Incidentally, this is a reason why they haven't strengthened so far, most funds being funneled into covering the loans and debts of the new ground. Arsenal have however kept their talisman, Thiery Henry, and a new and youthful Arsenal is emerging. Players like Cesc Fabregas and Methew Flamini are showing that Arsenal have a safe future. A long going saga is also about to end. Their out of favour left back, Ashley Cole seems destined to join London rivals Chelsea before the end of the transfer period.

Judging from the start to the season, we can probably say that an exciting race is unfolding. From a neutral's point of view, that can only be a good thing.