It seems that my initial comment ( I think about a year ago) about the Economy starting to pick up about 2013/2014 is now catching hold.
Economists are paid a fortune for their 'wisdom' where in fact I don't get paid for it and am normally correct!
Now Ernst & Young economist is talking about disposable income being low for some years to come (see link).
I stick with 2014 because these idiots don't use common sense, but models which invariably are flawed.
I guess this is what experience or old age has as an advantage, we have seen it all before!!
http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/8515298/Consumer-spending-to-remain-subdued-for-another-nine-years.html
Economists are paid a fortune for their 'wisdom' where in fact I don't get paid for it and am normally correct!
Now Ernst & Young economist is talking about disposable income being low for some years to come (see link).
I stick with 2014 because these idiots don't use common sense, but models which invariably are flawed.
I guess this is what experience or old age has as an advantage, we have seen it all before!!
http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/8515298/Consumer-spending-to-remain-subdued-for-another-nine-years.html
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