Showing posts from October, 2009

Recession as a good thing

Reading a news article earlier this morning made me realise that recession is actually a good thing.

In a sense the fraud that bankers perform is caught out by the recession.  A recession is like a detox, we look at all that is wrong and fix it.  Then we go on another binge, its a natural cycle.  One of our Prime Ministers phrases whilst he was in-charge of the economy was that he had ended boom to bust.  Which is an outrageous claim for one man to make even before the recession.

Time are hard but that is sometimes needed to make you appreciate the good times.