This will be my third recession. Do I feel any better prepared? | Coco Khan


I was a student last time, an optimist who believed education would be my ticket out of poverty

Recently I found myself binge-watching Ramsay’s Kitchen Nightmares USA. Those first episodes are pre-2008, so often a very ordinary person will casually tell Gordon, “I’m in $1m of debt, chef” – a reminder of irresponsible lenders and the economic chaos that was just around the corner.

I was on season four when the news alert came in: we’re in another recession, the deepest yet. This will be my third. I don’t remember the first one (1990-91) because I was a baby hurling bowls of mush (a fair response to a recession, if you ask me).

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