Economic uncertainty could continue for up to a decade

Thursday 18th August 2011, 2:30PM BST.

Julian Winser GLOBAL economic unrest could continue for up to a decade, the president of the Chamber of Commerce has warned.

Julian Winser said it was unrealistic to expect the recent economic downturn to be over in two or three years, suggesting it was likely to last seven to 10 years.

He predicted more civil unrest, a continuation of the Arab Spring and a move towards rapid political change as people showed dissatisfaction with leaders at a faster rate.

Mr Winser (pictured) said the States must learn to curtail spending as the turbulent world market slowed growth.

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View more: Chamber Of Commerce news, Charles Parkinson news, Julian Winser news, Treasury And Resources news.

1
Islander

August 18, 2011 at 10:54 pm

Well there has been decades of progress so a long correction is understandable.

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2
Gilthead

August 19, 2011 at 2:48 pm

Perhaps we should have a “Guernsey Spring” and get rapid political reform too.

Once the “Council of Guernsey” is formed with pbfalla as the chief brother we could set trials for those who’ve been intent on wasting our money over the last 4 years.

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3
Metric Anvil

August 20, 2011 at 8:17 pm

Did Simon Tostevin do this interveiw in the Chambercopter ?
http://www.gsyfutu.com/?p=15235

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4
ChrisJ

August 22, 2011 at 10:19 pm

Awesome link, Metric.

I personally place absolute trust in Winser’s projections. Just look at how this one turned out:

http://www.thisisguernsey.com/2010/04/15/confidence-crisis-at-an-end/

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