So you think we have it bad...?

For the last few weeks, it's been cuts, cuts, cuts - and it's all pretty bad.

But we should remember, we could be worse off - we could be in the UK:

"ITV has announced it is cutting 600 jobs across its business, and plans to make other "significant" savings," reports the BBC, adding that the broadcaster made a £2.7 loss in 2008.

Ouch.