Just what people's opinions here are about the economy. Especially people who know about that kind of thing. :V
I'm just making this thread because the US has been making these foreboding statements in the last few days in stark contrast to previous implications of a good recovery. I hear that the US is only halfway through it's bad-debt seizure, with the second hill just coming up now (something about loans with very low rates for three years or so, before they skyrocket; people are totally unable to cope with these and default). Also the Bank of England has just made similarly worrying statements about a 'choppy recovery'; although actually, what frightened me most was their predictive graph, which seems utterly loony:

The pale colours obviously mean low probability; so they're saying that there's only a tiny probability that there will be even a tiny recession? That's ridiculous, they totally failed to see the current recession coming; how can they possibly be so sure with so many areas of concern around?
So yeah, what are the thoughts on a return to recession? People are looking worried about America, and I'm guessing if that went bad it'd bring all this European mess down with it, so a very bad situation isn't looking very unlikely at all..? And how have people here been moving their money around?
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