Forewarned, but at least forearmed
IT is often said that, however bad things may be, the more we know of what is coming, the better.
In which case, perhaps we should welcome the cold shower that is the latest analysis from the Economic and Social Research Institute (ESRI).
This is a seven year recession, its analysts say, which means we are only half way through it. But if they are right, at least, we are half way through it.