Qualified advisers answering your
Financial Questions
call 0800 092 1245

What can we learn from the ongoing worldwide recession?

Over the last few weeks we have seen signs that the likes of Japan, France and Germany are starting to pull out of their own recessionary phase although many other countries are still some way behind. However, even though there is some way to go to rectify the problems of the last two years, and in many cases the last decade, is there a need to learn from the ongoing financial issues and ensure these do not happen again?

When you consider the pain, the financial loss and the utter confusion which the worldwide recession has caused it is paramount that we learn lessons from this specific recession and put barriers in place to ensure it doesn't happen again. While in theory this is excellent, in practice it will be much more difficult because ultimately it may be in the next 10 years, 20 years or 50 years, investors and companies will become greedy again and we could in theory end up with a similar scenario.

Even though lessons do need to be learnt, history shows us that investors and governments around the world have very short memories and will ultimately start to chase profits and income once the worldwide recession is over. The human emotions of fear and greed are never too far below the surface!

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details