USA HEADED FOR A CRASH LANDING
European and Asian stocks tumble; Nikkei down almost 7%
European and Asian stocks tumble; Nikkei down almost 7%
Spending Tax money like its water. HELP!
skips the recession phase and go in depression?
Is there any economical study which state that we must first be in recession?
I have seen number of recessions, I have not seen this much carnage in which all
Industries, including gas and oil, retail and manufacturing, technology and services, housing and banking, including financial institutions have been affected. Yet, the overall crisis is just beginning. Therefore, the traditional recession model may not be in work at this time. It is quite plausible that we may be facing a depression without having experienced the traditional recession. Any thoughts?