Share Investor: BRUCE SHEPPARD-Recession, how deep? How ugly? »
Posted by: bongo666 2 months, 1 week agoA very interesting blog post from Bruce Sheppard's Stirring the Pot I missed it in all my travels recently but it discusses the subject of our failing economy and where Bruce sees things going.He is very pessimistic but elements of his post ring with clarity for me.If things do descend into chaos there is no doubt the economy will face very tough t
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Wolfie20072 months, 1 week ago
Whatever, to have a recession there must be two quarters of no or negative growth. Well, so far that hasn't happened. Whine on pessimist.
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bongo6662 months, 1 week ago
Don't shoot the messenger! I didn't write this, Bruce Sheppard did.
I agree with him on some points though and would have to add that we are definitely in the middle of a recession, even though the technical one that you mentioned will only be apparent in 3 months.
Those in touch with business, economics and even their own friends, will tell you we are in one of the worst recessions that we have had in generations.
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bongo666
An investor with a keen sense of political humour and suffering a rather large case of self importance.
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