OECD leading indicators

[ciphergoth]

a tiny, tiny flicker of hope on the global and UK economy. Not that I have the expertise to know how much this means. *crosses fingers*

Comments

[http://users.livejournal.com/_nicolai_/]

Don't unclench your sphincter yet.
While credit may be slightly more available, it's still MUCH less available than a year ago, while businesses which are loss-making are still running down reserves of cash, pre-existing lines of credit, and inventory.
Banks may be more stable, but they're much more stingy.
Retail businesses aren't going to pick up any time soon.
Inflation is likely to go up, as are real tax rates to pay for all the borrowing to prop up the banks (without which we'd all be REALLY poor as the banks seized up and all our deposits were stuck).
We're all going to be worse off than we have become accustomed to for some years yet.