Paul Harris, Austria The US is by far the largest waster of energy, raw material and human resources in the world. Many of the products they produce and services which are now begging to be consumed are not needed. Maybe a crash landing will provide some breathing space for this planet. A recession could provide consumers with a motive to think about what their needs are and to stop wasting resources and time for little more than ruined health, a society in disorder, mounting credit card debt and corporate profits. Uwe, Singapore Does America, the great consumer giant that it is, really think that all of its citizens are going to consume while they are out of work.
Workers are consumers too.
I guess they just can't 'bear' the thought of this fact. The reason for talk of recession is over-excitable commentators looking to make something of a stock market correction Tim Hinson, UK Lowest unemployment for 20 years. Steady consumer spending. Low interest rates. The only reason that we have any talk of recession is over excitable commentators looking to make something of a stock market correction that half of us predicted.