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Signs of Double Dip Recession begin forming

Discussion in 'Economics and Financials' started by padre31, Jun 27, 2010.

  1. padre31

    padre31 Premium Member Luxury Box

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    http://www.telegraph.co.uk/finance/...sh-monetary-blitz-as-US-recovery-falters.html


    No one rational wishes for this to happen a Double Dip Recession after all of the spending to re-inflate the balloon, as well as to prop up some markets, has left the Fed with precious few bullets left in the chamber to combat the second or even potential third downward trough of the US Economy.
     
  2. Zippy

    Zippy The Man in Black. Club Member

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    This scares me. I truly hope they are wrong, but sadly I do not think they are.
     
  3. CrunchTime

    CrunchTime Administrator Retired Administrator

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    Especially since the g8 determined that economies must reduce their debt in half and that the banking reform has determined that banks will be limited as to how much money they can speculate with .

    The artificial bubbles that have saved us before will be much harder to make.

    Of course we can always print more money which will further devalue the dollar
     
  4. padre31

    padre31 Premium Member Luxury Box

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    Exactly, the US is the last country continuing to try Keynesian Theory to reprime the Economic Pump, Western Europe is moving in the opposite direction.

    That will lead to further devaluing of the Dollar as a wealth transfer occurs between Savers and Spenders, Savers are on the cusp of watching their holdings become worth less..."if' Helicopter Ben Monitizes even further, that will crush Capital Formation and Private Sector Job creation.
     

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