Coming Crisis
I recently learnt that the Chinese symbol for “crisis” is represented by the two Sino-characters for “danger” and “opportunity”. Is that why I have heard such contrasting views from two highly respected business leaders this week?
In October, as part of the ILF I heard Duncan Bannatyne almost preach that “now is the time to start a new business”. Yet the following day at Leeds Business School I heard David Scott present an overview of our debt crisis and share his view that “Europe may be on the brink of a 10 year depression”.