PPRuNe Forums - View Single Post - Growing Evidence That The Upturn Is Upon Us
Old 27th Dec 2008, 11:26
  #1508 (permalink)  
Wee Weasley Welshman
 
Join Date: Feb 2000
Location: England
Posts: 15,022
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It is depressing yes.

The world won't end though. I truly believe that the web is going to make as much difference to this century as the printing press did to the last. What was once - a decade ago - fairly esoteric discussion on things like monetarism, finance and economics is now readily available. People are becoming less ignorant, more informed, less naive.

The world as it actually is is becoming more and more apparent to more and more people.

Already the CEBR are predicting a UK economic contraction of 2.9% for 2009. That is absolutely massive. At least half as big again as the worst of the 1991 recession. Prepare and plan accordingly.


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