The most succinct explanation of the recession
I overheard two financial
chatting in the changing rooms at the gym yesterday and one of them gave the most succinct explanation of the recession that I have heard.
"The difference between this recession and the one in 1990 was in 1990 I had lots of mortgages to sell, but no clients. This time I have loads of people wanting mortgages, but none to offer them"
Posted by NB at
well you haen't been listening very well have you.
24 January, 2009 14:55
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