Quote:
Originally Posted by afc wimbledon
I am a bit of a fatalist when it comes to recessions, I suspect we have earnt this one and are going to get it whatever the goverment does, mostly they have just stretched it out some, with QE 1,2,3 being little more than the Keynesian equivelent of taking the band aid off slowly instead of ripping it.
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There are some huge differences between where we are today and 2008 though. One being that corporations are flush with cash. This should mean much less job loss, or the worry of job loss...which is huge.