Will There Be A Double Dip?
David Leonhardt of The New York Times examines the challenges facing the economic recovery.
The economy’s biggest problem has not changed. When bubbles pop, they wreak enormous, lasting damage. Credit stays hard to get for years because banks need to rebuild their balance sheets. Families and businesses, whose net worth isn’t what they thought it was, have debts to pay off.
Leonhardt goes on to weigh the pros (lean inventories) and cons (weak job growth, etc.) at the source link below.
Source: Yahoo Finance
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