What would happen if we were all invited to join in a recession, and nobody went?

During a slow-down or even a recession, the bulk of business continues to grow. Real global GDP has not shrunk year-on-year since comparable records began in the mid 20th century – even the final quarter of 2007 saw Eurozone GDP growth of 0.4 per cent. Businesses and households continue to function and to purchase goods [...]

Read Full Post »