Recession Part II: watch for it
Stimuli initiated by the Bush and Obama administrations have to be funded by something more tangible than paper
By Klaus Rohrich —— Bio and Archives--September 3, 2009
American Politics, News | Comments | Back To Full Article
Around the world pundits are breathlessly announcing that the Great Recession of 08/09 is finally over. There’s even an argument among economists whether the recession ended in May or June. Statistics Canada gleefully announced that in June the Canadian economy grew by 0.1% and predicted a “bounce” in July. Other nations are following suit, as they note a slight improvement in economic outlook and a cessation of contracting GDP.
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