Recession. What is it? What does it mean? And most importantly, what does it mean to you?
The sales are in full swing, parties are loud and late, cars are travelling far and wide. Some days it feels like there are two worlds, the one we live in and the one we read about.
Losing a job is not fun – I know from personal experience – but take this out of the equation, and what else is happening? Food prices are down, fuel is just 86p a litre, variable mortgage rates are at an all time low. The spectre of recession might be based on little more than a perceived worsening of our world.
Perhaps the biggest thing we have to fear, is fear itself.
Tags: Cashflow, Crisis, recession
