Is The UK Going Into Recession etc?
Well, I am sitting here seriously considering selling the house and getting out of the property market for a while and renting in the interim.
Surely the property market bubble is going to burst just like it did many year ago? The base rate being dropped by a quarter % yesterday is only going to (eventually) accelerate the process.
Listening to some of the experts on Radio 4 recently who commented that advertising revenue is the best barometer of the economy. Apparently these revenues have dropped substantially and this bodes ill for the future.
Just wondered what you all thought - what effect is this going to have on aviation and are we going to see a rerun of the times when companies like Air Europe and DanAir went to the wall?