Friday, Sep 04, 2009
Wwwwwwwwwww
Reuters: Trichet points to possible double-dip recession in Europe
Of course, that’s not exactly what the European Central Bank president said. But how else are we to interpret his repeated references to a “bumpy road” ahead, and his comment that we are likely to see quarters with positive growth and other quarters with “less flattering” figures? All this was illustrated with a hand gesture that drew a W (or a corrugated iron washboard) rather than a V or a U.
Posted by mark @ 01:55 PM (422 views) Add Comment
3 Comments
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1. Smiling said...
c'mon Mark, this is a little weak
2. mark said...
the brain controls the sound coming out of the mouth, the subconscious controls hand movements, maybe there is some truth in this article
3. mark said...
see this link
http://uk.biz.yahoo.com/04092009/325/double-dip-recession-risk-rising-el-erian.html
"The risk of a double dip for U.S. economic growth in 2010 is increasing," said El-Erian, who oversees $850 billion in assets for Pacific Investment Management Co,