By MATTHEW SALTMARSH AND BETTINA WASSENER
The rout extended in global markets, with Japan and South Korea’s exchanges closing 3.7 percent lower, and European markets down 2 percent in Friday morning trading.
By FLOYD NORRIS
It has been three decades since the United States suffered a recession that followed on the heels of the previous one. But it could be happening again.
Friday, August 5, 2011
NYTIMES BEGRUDGINGLY ADMITS WE ARE IN A GLOBAL DOUBLE DIP RECESSION
WE SAID IT BEFORE, BUT AT LEAST THEY'RE SAYING IT NOW - NYTIMES:
FOR THE MARKETS TO IMPROVE, OBAMA AND HS POLICIES MUST GO.