Ducati Sporting Club UK > General > Idle Chat > IS THE ECONOMY GOING INTO RECESSION?

[BDG]

Originally posted by Redruth
Well Shaun (that was the real Shaun and not Shaun's accountant using the BDG ID?) you've opened an interesting discussion here. There are clearly more economists on this thread than you can shake a stick at.

I've seen discussions about recession ever since I started in financial services in 1987. My advice is, don't start worrying about it until you're forced to off load ALL of your toys, including the beer fridge :P:P

... or off load the house and move into the garage with the bikes and the beer fridge

I think its the real me and not my accountant. I'm not worrying, more a case of finding out if my gut feeling is right.

Previous recession's have always had some benefits as well, weeds out the weaker competition and indeed provides an opportunity to acquire the strugglers.

In addition we do some work for insolvency practicioners and they get busy.....did get worrying once when we had to deliver from one of them to one of our own clients

Still prefer the boom times though