Thursday, 27th September 2018
Somebody is going to be wrong….
Last week we reported how various ‘expert’ prognosticators are forecasting doom and gloom not so very far down the road ahead….
Gordon ‘Goldfinger’ Brown, ‘Miserable’ Mark Carney, Moody’s, the British Chamber of Commerce and various economists, all of whom make their living telling the rest of us how things are going to be, were shaking their heads darkly and furrowing their brows….
The consensus is that, all being well, the next global financial crisis will come chugging down the High Street – with all the reliability of a London bus – some time in 2020….
Make a note in your diary. It’s sure to be amusing, interesting or potentially catastrophic – depending on your circumstances….
- Worse than the Great Depression….
More experts have been out on maneuvers this week – getting in on the act, speaking to the newspapers or talking out of television sets at folk eating their evening meal….
Economic Commentator, Peter Schiff, for example. He said this to the New York Post….
‘We won’t be able to call it a recession, it’s going to be worse than the Great Depression….’
The soundbite kind of skates over the detail….… Click here to read more