Monday, 29 December 2008

What Recession?

The butcher tells me he has sold the entire Christmas stock and is eyeing up frisky little early lambs. The grocer is busier than this time last year. There are no sales until after the Befana on 6 January. The family business has no workers laid-off or on short time. And the wait for the small Mercedes runabout is three weeks.

The skiers return from Austria tonight and tomorrow, there is lots of snow and lots of people.

The factories are opening a few days later but only because the public holidays and weekends fell in such a way this year that the whole of Italy is doing a ponte regardless.

We nearly got lost on the way to lunch because so many new houses had gone up near our host's house in the country we couldn't recognise the village or the bar where you have to turn.

The money has turned up again to have decisions about what to do with it but bonds are really boring in the face of all this economic acivity. At least shares will provide a bit of excitement.

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