1/24/2009

The most succinct explanation of the recession

I overheard two financial advisers 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"

1 comment:

Anonymous said...

well you haen't been listening very well have you.

Pages