Is It a Good Idea to Have a Contraction in the First Quarter?

i think europe will go into recession in quickly, more quickly than the u k andtha. The main reason is, e, the energy problem. i feel that a lot of the governments are pretty in weak positions at the moment. I think it's going to make it harder for them to make the hard decisions - therefore they're more likely to fallin harder. So i still think, though, that we will get full into recession a but i think it's more likely er next year than this year.