Deluge of insolvencies predicted for 2010
Something to look forward to. No, not unless you are an insolvency specialist… Like Begbies Traynor who have said statistics from recessions over the last 40 years show insolvencies peak between one and two years after GDP stops shrinking. “Evidence is mounting that we may be at the mid-point of a ‘W’ shaped recession, with a deluge of business failures likely in 2010.” So the green shoots may have popped out too early with thick frost forecast ahead. Related PostsGovernment is Most Hostile Creditor …
Something to look forward to.
No, not unless you are an insolvency specialist…
Like Begbies Traynor who have said statistics from recessions over the last 40 years show insolvencies peak between one and two years after GDP stops shrinking.
“Evidence is mounting that we may be at the mid-point of a ‘W’ shaped recession, with a deluge of business failures likely in 2010.”
So the green shoots may have popped out too early with thick frost forecast ahead.
