Friday, Mar 21, 2008

Recession & HPC for UK

Daily Mail: America is ALREADY in recession, say top economic global experts - and that spells trouble for the UK

''...Experts have accused the International Monetary Fund of "driving the car using the rear view mirror" after the global body warned the U.S. was on the verge of a recession. The world's biggest economy is already in a recession, they claim, as a draft version of the IMF's World Economic Outlook declared the U.S. economy is "very weak". Nigel Gault, chief US economist at Global Insight, a worldwide economic forecasting and consultancy firm, said he believed the US was in recession already - and that spelt problems for other countries, including the UK....''

Posted by hpwatcher @ 07:45 PM (213 views) Add Comment

1 Comment

1. Novice Pete said...

"Global Insight, a worldwide economic forecasting and consultancy firm" WOW such insight!

Saturday, March 22, 2008 12:12AM Report Comment
 

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