Tagged: Recession
1 post tagged with Recession
Double Dipping
Sadly for those with a crude mind, I am talking economics not something else. You may be aware that we re-entered recession in the last quarter for the second time in recent years, hence the term ‘double dip recession’. I have to admit that I thought we would escape such a scenario with very minor growth of along the lines of 0.1%. But instead we shrunk by 0.2%. It is far from the end of the world, it is more of a technical recession than anything anyone will notice, but it will reduce confidence and sentiment which are important for …