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Monday, August 15, 2011

America - Economy & Endless Recession

America - Economy & Endless Recession
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1 comment:

  1. RAYLOKEAugust 15, 2011 at 1:17 AM

    Seeded by Brian Stora
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    My colleague makes a good case that Europe is on the verge of a double dip. What about America? Its odds of recession have risen in the last month but I’d still put them below 50%. Yes, stock and bond markets have discounted the worst, but the hard data has actually gotten better. First, there was the positive employment report last Friday, largely drowned out by Standard & Poor’s downgrade of America’s credit rating.

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