So the markets seem to have stabilised and gained back some of their losses and lots of money has been pumped into the banks to help kickstart lending BUT the housing market is static and house prices are falling (no bad thing imo, though I know many disagree), manufacturing is shrinking and the service industry has just self-destructed.
So do you think that the recession will be relatively shallow with things recovering quite quickly or do you think we are in for a very rocky ride with a recession/depression on the way that will resemble the 1930's? Your reasons for your opinion would be most welcome.
News
Beginning of the end or end of the beginning? (doomy gloomy thread warning)
Callisto · 15/10/2008 08:21
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