In other words, one year after the official end of the recession, the economy shows no signs of booming. Emergency Keynesian policy measures taken to keep the debt crisis from devolving into a 1930s deflationary spiral show signs of losing effectiveness, and the self reinforcing economic growth story is giving way to talk of a “double dip” recession, as trouble in Europe
July 2nd, 2010 | Eric Janszen | 11 comments | ContinuedArchive for Eric Janszen
Eric Janszen is Founder & President of iTulip.com, the online economics and financial markets community that CNBC's Bill Griffeth calls "...the place to go for a contrary view of the markets," and The New York Times credits for accurate forecasts of economic developments. Eric is author of upcoming Portfolio Hardcover book, The Post-Catastrophe Economy, and co-author of America's Bubble Economy, from John Wiley & Sons.
