Spare a thought for the poor old bosses who are trying to
make ends meet in these uncertain times. Some are very depressed about the
capitalist system.
Take John Book, Managing director of Millards Cleaning Services.
“We’ve been going since 1919, so we have seen several recessions and a
depression. The current situation has the characteristics of a depression – not
a recession – and my guess is that it will last for four years.”
Then there is Brian Rice, Chairman of Dial-a-Cab. “The
incessant talking down of the economy frightened people. I attended a dinner
where Richard Lambert, the director-general of the CBI, gave a very downbeat
talk on the status of the economy. By the end of it, my only dilemma was whether
to cut my throat or jump out of the window.”
(From FT Weekend, 25 October)
