Wikinvest Wire

Double dip recession Google trends

Friday, September 04, 2009

Nouriel Roubini was talking today about the possibility of a "U-shaped" economic recovery or a double dip recession, just one of a growing number of people who have been mentioning the dreaded "W-shaped" outcome, at least according to data collected by Google trends.
IMAGE Roubini said there is just a small (but increasing) probability of this scenario and, if it occurs, it will be due to policy makers not getting the "exit strategy" right. Based on this logic - our economic future being dependent upon Washington economists doing a better job coming out of the recession than going into the recession - you'd think the odds of a "W-shaped" future would would be appreciably higher than as stated by Nouriel.



albrt said...

Can't argue with you. I was a hopeful Obama supporter. Now that Obama has sold us out to the banks, the war criminals and the insurance companies in rapid succession, I'm back to being a disaffected gold bug.

Anonymous said...

I can't believe how many actually believe stimulus can be withdrawn. Stimulus only makes the otherwise non-viable parts dependent on stimulus. Stimulus can only lead to more stimulus until the creditors cut you off.

Anonymous said...

BBC on Bend, Oregon.

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