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Friday, September 2, 2011

Global Recession Likely, Depression Possible: Economist - Yahoo! Singapore Finance

Global Recession Likely, Depression Possible: Economist - Yahoo! Singapore Finance
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1 comment:

  1. RAYLOKESeptember 2, 2011 at 1:13 PM

    The peak rate of growth for the world's economy occurred more than 12 months ago and "it carries on going down," Nightingale said. "We are probably going into negative territory around spring of next year; it is not for certain, but that is the most likely scenario. I would say the recession is 65 percent, 75 percent certain."

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