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  1. #1
    Senior Member AirborneSapper7's Avatar
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    Feldstein: Beware 2010 Double Dip When Economy Stalls

    Feldstein: Beware 2010 Double Dip When Economy Stalls

    Wednesday, 06 Jan 2010 09:00 AM
    By: Julie Crawshaw

    There is a significant risk the economy could run out of steam sometime in 2010, leading to a double dip recession, warns Harvard University economics professor Martin Feldstein.

    Feldstein ties this risk of a renewed downturn after the worst recession in decades to a poorly conceived government stimulus effort, The Wall Street Journal reports.

    “I supported the idea we needed to have a fiscal stimulus, somewhat to the dismay of my conservative friends,â€
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    Senior Member SicNTiredInSoCal's Avatar
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    Im not a money expert, but when I tell people this "recovery" is false and don't believe it - they don't seem to believe me. Even I can see the writing on the wall....
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