I agree with you... And time is the main factor...
I will say one thing ...IMO this recession is not like past ones... And more people are affected in so many different ways.
From less spendable incomes... To ongoing increasing utility bills... Internet closing shops...never a factor in past recessions, the Internet was not a issue then...
With all this going on and a trillion of government debt...and euroland... It seems a mighty hill to climb for many in the coming years and for banks to start making massive profits again....
Like I said hopefully it is just a matter of time... How long who's knows, and what changes in lifestyles and our society will be the end result..
The worse situation would be to say ...you ain't seen nothing yet .. And more miserable news to come... Let's hope not...
The bottom line is nobody knows what will be in 2 years time... The financial world is so globally intrenched now....
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