A Traveller's Tale: New York and US unprepared for double-dip recession

Friday, 27 November 2009

Americans worry that the recovery is faltering, says Nick Hood - and anti-Government sentiment is rife.

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Leaving a dreary and autumnal London for New York through a strangely quiet Heathrow was meant to be a morale-boosting escape to the land of optimism and rampant entrepreneurial spirit. Instead it was a journey into a land gripped by uncertainty, denial - and a shocking level of anti-government whingeing. Americans have been turned by the credit crunch and consequent recession from headstrong consumers into frugal bargain-hunters, driven by fear of further job losses, pay freezes and a decreased sense of wealth... [CLICK HERE TO READ MORE AND COMMENT].


In today's bulletin:

Bank intervention quells Dubai panic - for now
Sun keeps shining for Thomas Cook
RBS offers Yuletide credit cheer to small business
A Traveller's Tale: New York and US unprepared for double-dip recession
MT Expert's Ten Top Tips: How to work with really difficult people

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