Making hay when the rain pours?
MELVILLE KNIGHT, executive chairman of specialist care sector development and construction group, Castleoak, gives his view on the opportunities presented by the current economic downturn.
If a week is a long time in politics then six months is a lifetime in the economy. The credit crunch, which seemed almost a distant snowball in March had not only rolled down the mountain by September but had transformed itself into the proverbial avalanche.
In the wake of international government and IMF intervention, the question about short term prospects, never mind medium and long term ones, remains top of the agenda.