Growing evidence that the downturn is upon us....

[outside_loop]

i broadly agree with WWW, things don’t look good really, although he has more faith in the 'economic cycle' concept than i have. i hope it doesn’t turn out to be as bad as it might be, but i'm glad i was able to do the licences at relatively low cost, earn the money in advance and had a good career to go back to, which has mitigated any risk..


i wouldn't advise anyone to take on an £80K debt right now (and lets be honest - it was great when it worked, but there was a proportion of people for whom it didn’t, even in the good times). at present, the risk is far too great. also, for peolpe at school leaving age - i would say that its essential to have another string to your bow, so you don’t end up stacking shelves on the minimum wage paying your £80K off for the next 40 years, should you find you're not one of the lucky ones...

lets hope things look up before long!