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(bout time..........its delay will make it worse)
and he disagrees. He thinks that we probably won't even notice it.
I know ive phrased it ridiculously, but who who? tell me?
It might be delayed artificially by false optimism, but the longer it is delayed the harder it will be
he thinks consumer recessions are only caused by uncertainty, he's wrong.
Of course there will not be a consumer recession if bread goes up to £2 a loaf and milk a pound a pint and beans 80p a tin, and petrol £2 a litre because then we will ideed be spending the same amount as when we ere buying luxory goods.........but we will notice