Buy now, pay later…. Source: www.examiner.com Note: There is a special prize for the first blog reader who can explain the above headline. In the 2001 recession, US consumer spending slowed but did not fall, and picked up again very quickly. In the early 1990s, it dipped a bit but returned to pre-recession […]
Asian Chemical Connections
A Generational Shift In Attitudes To Debt?
Britain’s last generational shift: The 1980s Miners Strike: Source of picture: www.wsws.org My late parents hated even the concept of debt – let alone the insanely irresponsible error of actually borrowing money. This is not surprising as my father could remember, when he was a boy, queuing for free food handouts during the Great Depression. My […]
West To Exert More Cost Pressures
The US back-to-school buying season Source of Picture: theglobeandmail.com As regular readers will remember, last Friday I linked through to this article from the New York Times on the likelihood of a disappointing back-to-school sales season in the US. I had promised some more thoughts on this article and so here goes…. ……This is a […]
Jump to page: