Friday, 22 January 2016

Puts head in sand

I love this article for the comments it has generated.  It would appear that I am not the only one looking at the data and questioning the unquestioning optimism that others seem to pontificate:

http://www.smh.com.au/business/the-economy/five-reasons-we-are-not-heading-for-recession-20160121-gmbjcv.html

Gareth Hutchens has written five reasons that we are, apparently, not heading to a recession, and a crowd seem to be disagreeing.  As one commenter pointed out, recession is probably too optimistic, depression seems to be on the cards.  Interesting times, wouldn't you say?

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