United Kingdom
General community for news/discussion in the UK.
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In 2008 when the banking crisis/credit crunch hit I was doing some work for a solicitor. This man was highly respected and tended to be pretty accurate in his opinions. When chatting about the prospect of the coming recession he said it would drag on for 15 years of reduced incomes. At the time I was sceptical. 16 years later he wasn't wrong.
There always seems to be a reason to tighten the belts, the problem is that whomever is tightening the belt it's not theirs.