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How Bad Will This Recession Be?
As most people are well aware of now there is very little doubt that we are at the start of a very serious economic downturn. Some economic forecasters sometimes paint a rosy picture of a mild downturn but, when we start looking at the cold, hard, facts, it becomes apparent that patterns that were present […]
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The Stagflation Threat
The US economy came to a screeching halt in the final quarter of 2007 and now, as we move into 2008 with a stalled economy we’re facing an old fiend call stagflation, something which we haven’t seen since the waning days of the Carter administration in the 1970’s.