crustysausage7 Jan 2009 19:58
Yes, my “get-out” clause is that I've said, many will survive – leaner and meaner – but if my projection of “real” consumer spending [or more correctly, “the lack of”] is reasonable, it may take years for the SP to rise to contemporary levels.
PS One has,also always, got to think about the decimation of the GBP, in the meantime. That is as far as, the individual’s investment is concerned, but also, more importantly, for DSGI etc. – the cost of procuring goods to sell in the U.K.
ATB