Is the recession over?

[Mich the Tester]

The big dip is coming in 2011/2012 when big corporates are unable to refi their debt because the ratings and the data on which a refi package would be built is so volatile as to be thoroughly misleading.

Is there not a risk of banks being unable to pay interest to depositors due to not lending enough?

Perhaps not now, but when interest rates go up?

[TimberWolf]

From A sovereign vulnerability scorecard

...the last time Britain had to be bailed out — by the IMF in December 1976 — the cyclically-adjusted primary deficit and the debt to GDP ratio were only 4 per cent and 53 per cent, respectively. They’re 7 per cent and 78 per cent now.

Boomed.

[scooterscot]

There is a recession? Just got a 3rd contract to contend with, I really should think about employing someone... Even my physio says I should employee an extra per of hands to undo the stress...

It's only for the next 4 weeks, I can do it...