Wednesday, Mar 25, 2009
The Great dep Recession
Cnn: The Great Recession
Hembre said he is worried that the U.S. could be in a period of prolonged economic stagnation similar so the so-called lost-decade that Japan suffered starting in the 1990s. He said continued weakness in housing and high debt levels by households and governments could hold the economy back for some time.
And some economists aren't completely ruling out another depression.
Posted by mark @ 07:39 PM (372 views) Add Comment
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