According to a Daily Telegraph report, 1 in 3 FD’s fear a double dip recession. At this FD it was forecast by yours truly some time ago. It’s not rocket science to work out that things are not improving. Look at the housing market, look at rising living costs, petrol prices etc.Continued low interest rates are a sure sign of a sick patient and the Bank of England is a very worried doctor. So what’s the answer? Simple – there isn’t one. Until the debt hangover is reduced keep your hatches battened down is the best advice I can offer you.

Written by FDAdmin