The Mudcat Café TM
Thread #98740   Message #1960304
Posted By: Scrump
07-Feb-07 - 03:39 PM
Thread Name: BS: Economic Truth
Subject: RE: BS: Economic Truth
No-one seems to be worried about the UK economy being a house of cards.

More and more service industry jobs are being "offshored", and more and more people are getting deeper and deeper into personal debt, partly because of property prices going through the roof.

The next recession, when (not if) it arrives, will make those of the early 1980s and the early 1990s seem like the proverbial vicarage tea party.

We be doomed, doomed!