Wednesday, December 23, 2009
Housebuilder LEGO pulls Denmark out of Recession!
"The Bank of England can't keep rates at 0.5 per cent forever, and the Treasury will have to start hiking taxes and slashing public spending to tackle its Â£178bn deficit. For households, the process of rebuilding savings and paying off debt will take longer than just one quarter. It seems hard to imagine we will see a consumer rebound any time soon". (I think UK house prices will dip accordingly in 2010). Keep buying those LEGO kits, kids!