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Are we in recession or on the brink of recession?
I feel as if Recession is already going on and may be we could come out of it soon… What do you think? Are we in recession or on the brink of recession?
I say we are in a recession, the government would never admit it. But once the Canadian Dollar became more than ours I knew our country was in trouble. And seriously its only going to get a lot worse
It’s not a recession per se, as much as it is being on the brim of complete financial collapse. The administration is taking panic induced drastic steps to inflate our way out of trouble; lowering the fed funds rate by almost a full point in a day (unheard of!), an emergency tax rebate package, under the table guarantees for Bank of America’s buyout of Country wide, etc.
These measures might buy time to heal the zero down ARM mess, but they will come at the expense of higher prices and stagnant wages across the board. This same formula resulted in the dreaded ‘stagflation’ of the late 70s.
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If Warren Buffett says the US is in recession, does that make it so - 2 Answers
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Recession - 3 Answers
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Recession Beater!! - 4 Answers
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About This Recession: Why Can't They Use Their Heads? - 6 Answers
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Bond Market - 2 Answers
Is it on the brink of disaster too? I say it's coming thanks to our governments intervention
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Will the Dow hit 10000? - 1 Answers
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Jobs and downsizing - 2 Answers
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What business trend do you think is having the biggest impact on the economy? - 5 Answers
And for those who think (despite the news the recession ended in July...) that the economy is still in bad shape, how can thi...
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homeland security/insurance company policies - 2 Answers
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Why has our economy been struggleing? - 2 Answers
It is about the economic struggles the united states of america faces this year in 2010. My questions ask Who is the start to...