Feb 6, 2009

U.S. recession ends by 2010?


The NBER declared last December that the U.S. recession started in December 2007

>>>>>>I am running a survey on when the recession finishes for IT.....  press here to answer.

>>about IT budget 

>>>>>The Industry Standard is also running a survey on when the recession finishes. 

  click here for their poll 

some of their points:

1.- Financial experts can't agree on how long this recession will last. 

2.- Renowned economist Martin Feldstein says the U.S. recession will last beyond 2009. 

3.- Nouriel "Dr. Doom" Roubini, chairman of RGE Monitor who correctly predicted in 2006 a worldwide recession and a housing market collapse that would lead to a credit crunch, says the U.S. recession will last 2 full years

4.- Former Secretary of Labor Robert Reich believes it's unlikely that the White House and Congress will let us fall into an economic depression

5.- And Donald "You're Fired" Trump has determined that the U.S. is already in a depression

6.- The Federal Reserve predicts that the U.S. economy will recover in the second half of 2009, though unemployment will continue to rise in 2010. 

To help you understand MACROECONOMICS you have the following: 

1.- This piece by Chicago economist John Cochrane

2.- another by Chicago’s Eugene Fama 

3.- another  by Brad DeLong  

4.- finally... so that you can finally decide that nobody knows  Paul Krugman  writes his.

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