Economic Recession - As Bad as the 70s?

Posted: Tuesday, 7 October 2008 @ 19:34

Here at Cousins Business Law, we are advising more and more directors of their responsibilities in times of financial trouble and we predict we will be advising many more in the months to come.

Whilst I think that everyone agrees the world has never seen anything like the present credit crunch, there has been some debate as to whether we can expect to see a recession as bad as the 1930s or, if not, as bad as the 1970s.

With this in mind, I came across this Times Article. Does it look as familiar to you as it does to me?

Gary Cousins, Business Lawyer 

Blog by Gary Cousins
Gary has been providing legal advice to shareholders, directors and business owners for over 25 years. Specialising in dispute resolution Gary is based in Birmingham with clients throughout the UK and overseas. View profile
Call Gary on +44 (0)121 778 3212 or by email
This blog is not intended to constitute legal advice, nor is it intended to be a complete and authoritative statement of the law, and what we say might be out of date by the time you read it. You should always seek legal advice to confirm whether or how any information in this article applies to your particular situation. We offer a free telephone consultation to discuss your particular circumstances.

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