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| Name: |
MartiniMan
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| Subject: |
Recession over?
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Date:
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8/24/2009 11:43:39 AM
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It appears that in many countries in Europe, Brazil, India, China and Japan the recession is pretty much over. The exception appears to be the UK and Italy, which like the U.S. tried to use the government to "stimulate" the economy. Germany and France declined to increase deficits to stimulate and hence had 0.3% growth versus 1% contraction for the U.S. This is the first time I can ever recall Europe and Asia recovering from wroldwide slowdown before the U.S.
How's that hopey-changey thing going for you?
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| Name: |
water_watcher
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| Subject: |
Archie Agrees
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Date:
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8/24/2009 1:23:28 PM
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He posted where he sees things in two years ... well now closer to 1 year 11 months .... and if he is right we will be in the most robust economy since Reagan. I am just not sure when it is suppose to start happening. But he expects unemployment back below 5%.
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