Tuesday, Dec 26, 2006

Recession on the way for 2007

Asia Times: Global economy faces a dangerous year

Rising inflation and falling home prices are likely to push the US economy into recession by the second half of 2007. Gathering economic weakness, combined with negative real yields on US Treasury securities and growing political pressure to weaken the dollar will lead to significant dollar depreciation against most currencies............

Posted by archie @ 10:10 PM (27 views) Add Comment
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