ian mc

Economic Downturn

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    Was listing to radio the other day and it said there was an Economic downturn here just now I know myself and a few other people I know have slowed down in the last 3-4 months. How has it affected others are others feeling it ??

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    From what I've read (and I'm not an expert) a lot depends on what happens in the next few months in the U.S and Europe. Growth has slowed but inflation is still a concern here (so the RBA says) and thats maybe why interest rates haven't dropped. Interesting times ahead as nobody is able to predict what's going to happen.

     

    The UK is still very much in trouble as is the rest of Europe and the U.S

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    Guest Guest5035

    We have just lost 65 million units a year and that meant 5 packages were handed out.

     

    Stevo

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