RE: RNS/Ri19 May 2022 12:57
I certainly think we'll get a recession (we're in it) but it won't last too long imo. There's going to need to be a slow down in hiring which there's not, it's increasing, and the central banks will shift their policy again to ease the pressure, so I don't think it'll be a collapse as much as a global slow down.
Once we get fuel prices down and the consumer burns the cash theyve hoarded, things should calm a bit. Then with increased rates property will cool as will car sales, relaxing chip demand and so on.
Then we'll get back to normal supply and demand.
Still angers me people are unaware this is all deliberate, created by the govt and not putin though.