No, it isn’t the strap-line of the summer blockbuster – it could relate to anyone of a handful of economic tribulations that are lurking out there ready to bite us in two. The Gulf of Mexico oil spill, sovereign debt, public spending slash and burn; the list goes on.
Of course, we should be used to it by now – after all, it’s three years since the run on Northern Rock in the UK marked the beginning of the end, and two years since Lehman Brothers reminded us all that the crash was for real. But the dust was finally settling on global downturn, and with countries tentatively emerging from recession one by one, it seemed like we were due for a happy ending.
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