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Showing posts from July, 2010

Double-dip recession

Are the USA heading for a new recession? One of my favorite economic mentors, John Mauldin, who is the author of a weekly newsletter read by more than a million people in the World - Thoughts from the Frontline - thinks we are likely to get one because the fiscal tightening in the USA and in Europe is happening too soon as the economy is still weak. Paul Krugman also believes in such a scenario. I advise you to be very careful if you buy and hold stocks!!

About BP crisis management