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Measures to stimulate the economy take effect but the recovery is expected to be slow and faltering.
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Read more.Quote:
Measures to stimulate the economy take effect but the recovery is expected to be slow and faltering.
How many times have we heard this tune over the last year?
Useless speculation is useless. Let the data speak for itself. Worse, I suspect by this point investors will have grown tired of empty exclamations of economic positivism.
My guess is that at least, the worst of the downturn is over, but even if we are now out of a technical recession, that's a LONG way from being out of hard times. We've pumped a LOT of money into the economy to get this far, and that bill will come due sooner or later. We have massive debt that's going to take years if not decades to sort out, and not all figures are promising. The unemployment figures for the next few months will give us a good view of the real state of the economy, and they're a lagging indicator.
This may be no more than a dead cat bounce, and even if it's real, there's a mountain to climb to get back to anything like happy times.
the company i work for is seeing that the recession seems to be dying off... when estate agents are willing to spend money with a web firm things cant be all bad...
Not necessarily .... there's an argument that says that, for firms that can, a recession is a good time to advertise, because you can pick up business from those that cut back on advertising and promotions, and it helps build ready for a recovery.Quote:
Originally Posted by mmh
I’m not an economical expert, but if unemployment keeps rising then surely the recession is not going to stop, it might actually look as if it’s slowed down, but will actually take another big dip in the near future, right?