1. You feel under less pressure to spend loads - you can explain your frugality honestly and you don’t have to pretend.

2.  Prices are coming down - particularly food and clothes.

3. Interest rates have almost halved in less than a year.  If you are on a variable rate mortgage this is probably a huge benefit.

4. People are beginning to think and talk seriously about focussing on innovation - I almost believe there will be an increase in innovation and a renewed focus on high-tech.

5. People are really having a think about science, society and all kinds of stuff :)

Comments are welcome.