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Economist warns of double-dip recession Economist warns of double-dip recession

Submitted by GrassHopper | 2 months ago

Financial Times - The world has not tackled the problems at the heart of the economic downturn and is likely to slip back into recession, according to one of the few mainstream economists who predicted the financial crisis.

Tags: recession

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Paleryder 2 months ago

Reply to FreedomGirl
There are factors that support the double-dip recession such as rapidly raising oil, and energy pric … Show full comment

Maybe another factor could be outrageous gov. spending to the point of tripiling the natl. debt.Funneling billions of taxpayers hard earned wages to corrupt and fraudulent agencies.

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FreedomGirl 2 months ago

There are factors that support the double-dip recession such as rapidly raising oil, and energy prices driven by speculative demand. Will we be able to handle another shock of oil climbing over $100 / barrel?

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