More than half of importers and exporters (51%) think a double dip recession is likely, a 17% increase from January 2011, whilst 45% are concerned the Chancellor’s Budget will negatively impact their business.
Post Tagged with: "double dip"
Housing Armageddon: 12 Facts Which Show That We Are In The Midst Of The Worst Housing Collapse In U.S. History
We are officially in the middle of the worst housing collapse in U.S. history – and unfortunately it is going to get even worse.
The Only Thing That Will Save Us Now Is Fear Itself
Our government is bankrupt, its deficit is insurmountable, and at both the federal and state levels, we’ve run up more debt than can possibly be repaid. This isn’t a political thing; it’s a numbers thing. Either everything I’ve ever learned about math and economics is wrong, or we’re on the verge of going down.
Be Careful What You Wish for
I think basically that the crash of 2007 through 2009 was only the first half of a much larger problem. I don’t want to say the worst is yet to come, but the second half may not be any more pleasant.
Fed in ‘uncharted waters’
“Christina Romer, who recently stepped down as a White House economic adviser, said the Fed is in uncharted waters and it is unclear how much further easing will accomplish.” -Reuters
A fair warning of where we are headed
Glenn Beck issues a warning on what is coming in our economy.
Obama wreckovery summer – double dip risk at 40%
Nouriel Roubini discussing whether the chances of a double-dip recession have reached perilous levels in the United States.
Fed’s Effort to Bolster U.S. Recovery Fails to Calm Investors
The Federal Reserve’s first attempt to bolster the flagging U.S. recovery shows no sign of dispelling investor concerns the world’s largest economy may slide back into a recession.- Bloomberg
The word about the economy is not ‘uncertainty’ its ‘scary’
The word ‘uncertainty’ keeps coming up as a reason why businesses don’t invest and take risk to create jobs. We have two 2,000 plus page bills now that we had to pass ‘to see what they do’. They each create hundreds of new agencies and will generate thousands of new rules, regulation and unknown costs.