Wednesday 24 December 2008

Grim outlook

In UK the outlook is very grim. There are more and more companies going into administration. It was Woolworth earlier this month, yesterday Whittard and today Zavvi.

Most of the stores on the high street have started the Christmas sales very early this year. The consumers are just not willing to spend.

If this continues very soon we will have ghost town centers. There won't be many business left on the high street.

The house prices continue the downward spiral.

The banks are just not lending money to anyone though they are ready to give you credit card with 0% offer for 12 months.

Current theme is spend sensibly, stick to your current job and stop listening to Robert Preston. That guy makes thing sound really awful.
Listen to Johny Walker instead...

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