Saturday, January 30, 2010

Recession in 2013?

As a follow up to the earlier post Is the US government really doing the right thing? there are signs now that the actions of the government are leading upto an impending recession.

The basic reason is that the economy, which was pretty sick due to the excessive debt, was never let to recover fully. Instead it was put on steroids - which will lead to robust growth in the next couple of years. However a recession is immenent after that.

In the next three posts, we will see what will lead to the robust recovery and then to the recession. Stay tuned...

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