• Welcome to DOSBODS


    DOSBODS is free of any advertising.

    Ads are annoying, and - increasingly - advertising companies limit free speech online. DOSBODS Forums are completely free to use. Please create a free account to be able to access all the features of the DOSBODS community. It only takes 20 seconds!


Sign in to follow this  
No One

Recession in the News

Recommended Posts

Another thing has caught my eye using news.google.

On the financial section there are articles stating how the UK is facing a recession as bad as 07's. Also on the main page of google news there was one article about the US also entering a recession. 

Add to that all the Automotive Industry woes, JLR/Ford/Daimler/VAG etc and we can be sure we have reached peak.


Meanwhile there have been warning signs in the construction industry. The Chartered Institute of Procurement and Supply has warned the political paralysis gripping Westminster has left the industry trapped in “quicksand”, with house buying and new orders dropping “like a stone”. There are also concerns that the government and Bank of England have already used many of the tools in their armoury that could curb a future recession. Cutting interest rates to stimulate the economy is hard, as they are already at historically low levels, while quantitative easing (QE), in which more money is pumped into the economy, is likely to have less effect than in the past. -Source: https://www.theguardian.com/business/2019/jul/13/urgent-planning-needed-to-combat-looming-downturn

Keep an eye on this thread:



Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.