I was helpfully reminded the other day that recessions run in ten-year cycles and that, in theory, we are closer to the next recession than we are to the last. So as we enter 2016, we could be only a couple of years away from another trigger, as when financial services firm Lehman Brothers filed for Chapter 11 bankruptcy protection in September 2008.
Chancellor George Osborne is to warn of the dangers of complacency in his New Year's speech. And while it pains me to agree with him, I think, if anything, he is under-playing that danger.
The global economy has slowed and as a result the UK could become caught up in the same deflationary conditions the Eurozone is currently experiencing.
Business secretary Vince Cable said today the Welsh economy was "slumped" in economic crisis. One leading entrepreneur responds that the banks are overlooking Wales.
The backbone of the economy, the way to an industrial country, the solution to unemployment? No surprise that David Cameron is yet again swearing by enterprise as the solution to the economic crisis.
Optimism and confidence is high amongst Britain's SMEs as businesses are finally taking the country's economic recovery into their own hands.