Its not as bad now as when Debonair went bust a year ago - many unemployed type rated pilot desperate for a job oh and AB airlines
This jam yesterday thing is tosh.
There is no jam and there never was.
I am not an economist but Britain is nowhere near a recession according to the experts
and we are well placed for the future.
The biggest danger is we all talk ourselves into one (SCROGGS)
IMF and Ecomomists agree..
Read this Sunday Times extract if you dont believe me
Forecasters are still generally upbeat about Britain. While the International Monetary Fund (IMF) has revised down its prediction for growth this year to 2%, and forecasters in general have come down to about that level from 2.5% or 2.6% a year ago, this is in the context of a halving of world growth. Britain is expected to outperform America, Japan and euroland.
Next year, if anything, is even more surprising. Consensus expectations for growth in Britain have been edging higher, while those for the world have slumped. The IMF has Britain growing by 2.4% next year.
If it is right, Gordon Brown will be able to chalk up another victory on the "no more boom and bust" slate.
As for Japan its very sad their post war boom
seems to have come to an end. Remember the
70s and 80s they were doing so well and we were doing badly now its OUR TURN to do
well
..Just keep clear of the euro..
The French could elect to join the
'sterling zone' - sorry
couldnt resist that
[ 10 September 2001: Message edited by: RVR800 ]