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This downturn could be longer and deeper than anticipated
articles.moneycentral.msn.com — If you've been reading Jubak's Journal , you know that I've been pessimistic about the economy for more than a year.I no longer think we're facing a garden-variety recession. At a minimum, it will last longer than the two quarters I projected on Sept. 30. Economists are now talking about a recession that will last four or even five quarters.
stew00mz- 12 diggs
- digg it
- Striker101, on 10/07/2008, -2/+2four or five years... at least, this is no downturn, this is collapse.
Been trying to tell folks for months, now would you Share?
http://digg.com/world_news/Bailouts_which_ignore_c ... http://digg.com/world_news/America_is_History http://digg.com/world_news/America_is_History_m_th ... - rpi22, on 10/07/2008, -1/+2That´s a bit of an understatement, dont ya think?
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