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The Recession – Why a Real “Recovery” Probably Won’t Happen
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The Recession – Why a Real “Recovery” Probably Won’t Happen
Some people are talking about seeing the first signs of a recovery from the recession of the last 12 or 18 months. This article seeks to alert people to the unpleasant realities facing them, and to stimulate alternative thinking about the economic mess that affects us all.
Think Hard About Your FutureA panel of economists recently convened to hash out their expectations for the recession. They have created several likely scenarios projecting the ultimate resolution of the current economic problems. These outcomes range from a quick and speedy recovery that could be realized by the end of 2010 to the opposite end which is no recovery at all.