- Reaction score
- 1,230
Agreed. Very hard to know what the exact answer to that one is but I think we all know what the question is.. "How MUCH pain will we have to endure.." before we turn the corner on this coming recession.How things will go forward is anybody's guess, but I think most countries are going to have major economic problems for a decade or more.
We have the double whammy of Brexit to cope with. I am looking at it purely in economic terms. Already the drop in export figures between ROI and UK is staggering. Economically we have shot ourselves in both feet.( Don't want to get into the politics of it or "who fired the gun". People's choices are respected ). I would say that there will be some happy politicians that are glad they can hide a lot of the Brexit damage behind the Covid scenario. From our experience of previous, recessions, I would expect lower middle class and working class to bear the brunt of the pain again