It’s interesting that virtually none who were supposed to know have predicted any previous recessions. Think back to 2008, the early 90s and 70s, or, if your kids are taking GCSE history, the Wall Street Crash and Great Depression. Until the day before the bomb dropped, everyone thought everything was hunky dory and spend, spend, spend, was the order of the day. So, our domestic foot-shooting, limb-severing side-show aside, don’t panic until they tell you everything’s great. Then break out your Brexit stockpile.
“Global stock markets fall sharply amid fears over inflation and China slowdown”
Diesel at my local filling station now costs over £7.50 a gallon (kids etc.). Not my problem these days, but I’m sadly old enough to remember the furore in the 1970s when the price went up to 50p a gallon.
