Insight - David Lloyd Owen

Looking beyond a recession – lessons from the last downturn have their uses.

When the excitable meet something unexpected, hyperventilated hyperbole often results, and the current market is no exception. But being told ‘we’re doomed!’ isn’t particularly instructive, since life carries on (neither the numbers of lapwings nor kites above my farm have yet been affected by the recession). From Latin American debt defaults to Asian ‘flu, the last fifteen years ...

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