Bucking the trend?

[Solidec]

Lets hope 'Gearing' and 'Leveraging' are terms of yesterday as we move forward. And that big corps learn that amassing huge debts in the name of growth is a recipe for disaster.

And that no Chancellor in the future will EVER claim to have abolished Boom and Bust again!

[PM-Junkie]

What a lot of firms who are struggling have forgotten is that cash is king....you can have all the orders and all the assets you like, but if your cash flow is pants and something unexpected happens, you're history.

Basic, basic stuff. Just goes to show there are a lot of idiots running companies these days ( the word "Woolworths" kinda pops in there).

Equally there are loads of companies that are not being run by idiots. Reason for a small bit of optimism methinks.

[BlasterBates]

Just wait for Quantative Easing, then cash will be pants as well.

[Solidec]

Will be a masisive commodities rush in about 6 months probably as the reality of high inflation dawns on us all. I am tempted to transfer my L&G pension into Gold and store it in a SIPPS whilst the inflationary cycle unwinds. Although in theory stocks and shares should also rocket if inflation kicks into overdrive?

[thelace]

Will be a masisive commodities rush in about 6 months probably as the reality of high inflation dawns on us all. I am tempted to transfer my L&G pension into Gold and store it in a SIPPS whilst the inflationary cycle unwinds. Although in theory stocks and shares should also rocket if inflation kicks into overdrive?

My Clientco is in the Aluminium business and the price of aluminium has plummeted in the last 3 months. Not all of this is the currentl doom and gloom, but seasonal. Should be worth a punt!

[Cyberman]

I prefer to think of the recession as getting rid off the rot in the economy, and reinforcing the good practice of prudent financial management in households. Most people forgot how to be thrifty through the nineties and noughties.

I think it will get rid of the rot in this government for at least 20 years !! Rather ironic that you mention financial prudence in households when our major problem has been financial mismanagement of our government.