Could well be true, Gary.
The defintion of a recession (two quarters of negative growth) was coined by Lyndon Johnston's advisers so that he could deny a recession as he tried for a second term
My "IFA" told me last autumn that a "long-term" investment is 5 years: my uncle and grandfather, together with the village bank manager, lawyer, doctor, etc. spent months deciding what little of their precious saving to invest and in what company(e.g Bank of Hong Kong, now HSBC) and never sold shares thereafter- to my joyous benefit 50+ years later.
A biscuit tin under the mattress stuffed with note seems an increasingly good idea ... at least until the Rothschild's say normality is restored
Bobdoc