andyoz
pfm Member
It's the fact we could have a proper 'Worldwide' recession this time that worries me. Last time we had China as a growth engine to latch onto and control inflation...
Every country got Covid and had similar responses (at least in the West) so every country/region will be dealing with the sting in the Covid tail simultaneously.
Many are also holding alot more personal debt than compared to the run up to 2008...because sure interest rates are low until they aren't...
Every country got Covid and had similar responses (at least in the West) so every country/region will be dealing with the sting in the Covid tail simultaneously.
Many are also holding alot more personal debt than compared to the run up to 2008...because sure interest rates are low until they aren't...