I wrote the following on June 8th this year when all those in the know were saying there was no chance of a recession.
‘I may not be an expert, but from the sharp end of retailing both in food and consumer items, I’d be very surprised if inflation doesn’t reach double figures by the end of the year, and I really do wonder how we are going to avoid a full blown recession.’
The full article is here
and edited to include this
Filed under: Money and Finance | Tagged: financial crisis, global financial meltdown
