Author Topic: Is another recession coming?  (Read 57 times)

Ant

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Is another recession coming?
« on: February 20, 2005, 11:34:26 PM »
From NPR:

As the saying goes: What goes up, must come down. But what if something goes up and down at the same time? That's what's happening with interest rates right now: short-term rates are rising, while long-term rates are falling. That could lead to something economists call an "inverted yield curve." And as commentator Gabe Wisdom explains, that is definitely *not* a good thing.

http://marketplace.publicradio.org/shows/2005/02/14/AM200502143.html

Click the link for the rest.
 

mauzip

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Re: Is another recession coming?
« Reply #1 on: February 20, 2005, 11:39:45 PM »
I was watching tv the other day and some dude who knew a lot about economy said there is a chance that Americans will trade in their dollars for euros if the euro keps getting more and more expensive. If this happens this would be a disaster not only for the American economy, but also for the European economy.
 

rafsta

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Re: Is another recession coming?
« Reply #2 on: February 21, 2005, 07:34:54 PM »
^^^ stupid yanks, what are they trying to pull here ?

i think due to past events a recession is highly likely.