Monday, September 14, 2009

re >> US Economy Facing 'Death

re >> US Economy Facing 'Death by a Thousand Cuts': Roubini <<~~ as we can see the 912 Unite march, Americans are now starting to understand how the nation is robbed using financial markets and Treasury, slowly discerning market hype and commercial brain wash.

Trillions of funds are in the markets and waiting for Americans to spend and to spend until all going bankrupt; however, it is not so.

Double recession or triple dip recession is a good thing in a long run until Americans are waken up from spending-death spiral. The 912 is just a beginning for Americans' real hope for future. ~~//


Published: Monday, 14 Sep 2009 | 8:50 AM ET

Repeating his prediction that the economy faces a threat of a "double-dip" recession and at best a slow-growth U-shaped recovery, Roubini said in a live interview that more banks will fail and residential real estate prices have more room to decline.

http://www.cnbc.com/id/32837255

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