THEY ARE SAYING THIS WAS A MALE RECESSION

Perhaps to be a little cynical that is why it is over almost before it has started.

All the signs are that green is the colour and surge is going to replace shoots.

If you believe what you read.

The story about male recession was in the Times a week or so ago and was about a McKinsey study revealing an emergence of an alarming gender imbalance in the city. Women are departing in their droves through voluntary redundancy, resignation or whatever. The emigration supposedly brought about by a high level of disapproval and anger at male excess and sheer bad behaviour.

One woman said “they were foul enough in the good times but now they are repellent”.

The women are off to set up their own businesses – what price the first all female bank? – now that would be a winner. And behind they leave chaos. Because without some kind of gender balance this is going to be a very unstable and erratically managed place.

If this was a male recession this loss of women terrifies me. It would terrify Tom Peters even more. It was Tom who said in Re-Imagine!

“Women make most of the buying and investment decisions. Women are better investors than men.”

He added “women roar”.

I think that’s what they’ve just done.