The forthcoming recession / depression / crash / crunch

[DimPrawn]

Time to vote.

Standby.

[MrRobin]

It'll be fine™

[Spacecadet]

It'll be fine™

isn't that Labours next general election catch phrase?

[Marina]

Depression? If the EU plans a punch up with Russia over arctic oil, and the Yanks join in it'll probably be time to start brushing up on your flint napping and archery skills

(anyone know where they sell those circular lawnmover blade knife thingies Zena the Warrior Princess threw ?)

edit: Oh wait, you've included the Mad Max option. Good thinking

[scooterscot]

Over the next 2 - 5 years the credit crunch will mean .....

will see logarithmic jump between rich and poor.

[bogeyman]

Over the next 2 - 5 years the credit crunch will mean .....

will see logarithmic jump between rich and poor.

A 'logarithmic jump between rich and poor' ?



Explain please?

[motoukenin]

Havent we been here before ? Anyone who has contracted for more than 5 years will know the score.

There will be a slow down , its happening already , contractors who are true self employed will ride the storm , the false contractors will become permies.

Which means that when things take off again , fewer contractors and more money for the ones that are left.

I think my missus is already working out what she will be spending the extra cash on when we get through this cycle.

[milanbenes]

motouken,

you got it,

this recession will be excellent for IT

Milan.

[oracleslave]

motouken,

you got it,

this recession will be excellent for IT

Milan.

I thought it was different this time

[hyperD]

The only difference between this and 5 years ago is this time, there's no capex.