Friday, 20 February 2009

Britain at risk of 10 year recession

3 comments:

qiongke said...

different people give different opinion,whatever the economy will gose like,we must have confidence

chaoya zhuang said...

the uk is in deep recession, with a large debt and the low consumer confidence.

Anonymous said...

A ten year recession would be more likely if the government were to further cut aggregate demand by cutting government expenditure. While the level of national debt is worrying it would be more reckless to cut spending and let this recession turn into a full-blown depression.