Tuesday, June 23, 2009

The Recession is here to stay

Economy Still in Crisis?

Nouriel Roubini and other experts say the crisis is here to last for at least a couple of years , others more gloomy like Marc Faber Peter Schiff , Gerald Celente say the real crisis have not started yet and we are heading for a total collapse of the system based on credit and stock market gambling :
We are still seeing severe real economy effects from this crisis," Linda Yueh from Oxford Analytica told CNBC when discussing the economic outlook Monday.