February 1, 2018 at 10:37 am
#494
The ‘great recession’? It was or is barely a blip and huge number of people have unaffected by it. Many have benefitted from near zero rate mortgages etc..
@bob Would you care to give the rationale behind that? Comparing key economic measures like earnings, gdp, productivity etc.
I think unemployment has been relatively unaffected which is unusual.
My personal experience is of 10 years of stagnant wages, losing £40k on a house purchase and falling standard of living. This period, which happened just as I was starting on my career will have an impact on my earnings and quality of life for the rest of my career.
Interested in your perspective of course.