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Double-dip Recession |
| Date Added: June 14, 2010 03:14:20 PM |
| Author: jiamie |
| Category: Business |
The US subprime mortgage crisis affected the globe housing market, the economy and the financial sector. In order to stabilize the financial system, a variety of global bailouts were implemented during late 2007 and early 2008. The effect of bailout plan on the economy is positive. By taking a look at the measure of corporate profit; we get a very sharp v-shaped recovery in some sense. But if let me to predict double-dip recession, I think that what could happen. |
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