End of Economic Crisis? You choose
6 July, 2009
From the U.S. we have some numbers and various interpretations.
National Public Radio | July 5 2009:
Is The Worst Over? Most Economists Say Yes
Nouriel Roubini | Jul 2, 2009
U.S. Job Report Suggests that Green Shoots are Mostly Yellow Weeds
“The June employment report suggests that the alleged ‘green shoots’ are mostly yellow weeds that may eventually turn into brown manure…”
(I read this quote and I started laughing)
Anyways as I mentioned, and the same Paul Samuelson (Nobel Prize in Economics and key figure in neoclassical economics) admitted last year: “What we know about the global financial crisis is that we don’t know very much.”


7 July, 2009 at 6:09
Yeah the “worst is over” but things still aren’t improving.