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Interesting Craig, with all general forecasts it is only a guide and as Mark says a finger in the wind.
Some forecasts I have seen for the autumn don't make particularly pleasant reading but again they could well be wrong.
The main thing really I guess in business is to keep focussed on revenue, costs and the ability to react quickly to events beyond your own control. Long term interest rates will rise so the key imperative as I see it is to get borrowing where you have it onto fixed interest rates, reduce dependance as much as possible on external finance and be wary of making long term commitments.
I think there many sectors of business who've become complacent and ignoring certain warning signs. The cuts and the quantitative easing have not yet started to bite.
I have to agree with a lot of what Gordon Brown says in this interview http://www.telegraph.co.uk/finance/financialcrisis/8517289/World-on...
I think what members here should focus on is costs and cost of travel.
There are some major opportunities still to come for those aware of what is likely to happen next and I feel our community has been extremely prudent in the way we've helped each other.
I am seeing signs of the irrational exuberance that Alan Greenspan once talked about.
macro -economics is all theory ....
as said above i think you you need to have your 'own' economics , forecasts of expenditure and amount of hours / weeks you want to earn, and for sure reduce all longterm borrowing...