US Economy Outlook: Straddling Depression and Recession

[Emerginvest]

After the initial shockwaves of the banking collapse and credit crunch occurred in September, many experts predicted that the ensuing recession would be relatively shallow. Unfortunately, the massive stock market declines look like they were just the tip of the iceberg, instead of an acceleration of the painful recession. The past week revealed a [...]

complete article here... (http://blog.emerginvest.com/us-economy-outlook-straddling-depression-and-recession/)