Are we heading towards another recession?

[numbercruncher]

Thats todays poll at ninemsn.com.au

And currently 37000 say Yes and 30000 say No! So I thought id put the same question to ASF users ....

 

[Flying Fish]

Re: Are we Heading towards another recession ?

Wow. I guess when so many people think like that then it may well happen :-(

 

[wbooo]

Re: Are we Heading towards another recession ?

Do you even need to ask this question, the economy is cyclical, we have had growth for close to 17 years, a recession is inevitable, the longer it takes for us to get there the worse it will be.

 

[CanOz]

Re: Are we Heading towards another recession ?

There no doubt in my mind that this cycle is coming to an end. Besides, what do people have left to spend if credit is tightening?

Its time to pay off, work off and sell off all that accumulated debt...then we can start again!!!

Cheers,