Britain's main association of business leaders became the latest group Monday to warn that the country was slipping into a recession, although it said the downturn should be short-lived.
Will it be short, do you think? It seams to me there are lots of empty shops and a long queue at the job center!
http://afp.google.com/article/ALeqM5gdifAQu2LYR7EvTSHyOLJ3hks9VA
Originally posted by yo its meMost people already know that a recession is coming or here....I think the downturn will be longer than expected, it could be a year or it could be many
Britain's main association of business leaders became the latest group Monday to warn that the country was slipping into a recession, although it said the downturn should be short-lived.
Will it be short, do you think? It seams to me there are lots of empty shops and a long queue at the job center!
http://afp.google.com/article/ALeqM5gdifAQu2LYR7EvTSHyOLJ3hks9VA
Mu gut feeling is that until house prices increase, consumer confidence is back, stock market is #"bullish" and oil / food / metal prices have stabilies a bit.....we are in it
What do you think ?
Originally posted by yo its medepends
Will it be short, do you think? It seams to me there are lots of empty shops and a long queue at the job center!
The crisis is global, not local. The response will determine whether we see a quick recovery, or whether the global depression of the 1930s becomes the second worst in Western history.
Originally posted by RSMA1234It's hard to predict, isn't it. On a personal level there are debt solutions in place- on the other businesses are falling here, chains of shops, predicted hospitial over spends due to fuel increases. House prices here are slowelly falling but no where near to the price they were at ten years ago before the boom.
Most people already know that a recession is coming or here....I think the downturn will be longer than expected, it could be a year or it could be many
Mu gut feeling is that until house prices increase, consumer confidence is back, stock market is #"bullish" and oil / food / metal prices have stabilies a bit.....we are in it
What do you think ?