Here’s a great new Whiteboard from Marketplace’s Paddy Hirsch, illustrating the danger of a double dip recession and where we now stand in the process:
Double-dip recession from Marketplace on Vimeo.
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Mick Weinstein
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Economic policy worries are now greater than the aftermath of September 11, the start of either Gulf War, and close to the heights of the financial crisis.
Economically, the major implication is in the energy markets. Lower energy prices are a good thing for many countries and for the global economy. The utility industry needs power generation capabilities after all.
When buying a new car is cheaper than buying a used one – Edmunds.com The best time to buy an airline ticket […]
The economy is slipping into an expansion rather than moving toward a recession, with the first quarter gross domestic product expanding at a 2% rate and the job market appearing in good shape.