Wednesday, April 22, 2009

Trouble coming?

Futher weakening of markets overseas may extend our severe recession and turn it into a depression. However, now global problems are more a concern for emerging export-oriented markets versus consumer economies.

Right now there is a small chance of a recovery by 2010, however most feel that 2011 is when we hit bottom. A collapse of global financial systems could trigger a new more severe recession and WWIII.

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