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  1. 03-10-2009, 09:14 PM #1
    AirborneSapper7
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    Levy: 10 Years of Gloom Possible

    Levy: 10 Years of Gloom Possible

    Tuesday, March 10, 2009 10:58 AM

    By: Greg Brown

    Economic forecaster David Levy says he doesn’t expect a quick recovery by any means. He supports the stimulus spending approved by Congress but holds out little hope that it will make an immediate difference.

    In fact, the doldrums in the U.S. economy could take up to 10 years to overcome.

    “The process is going to take more than one recession,â€
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  2. 03-10-2009, 10:04 PM #2
    vortex
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    That I believe, much more than pundits saying we will put out of this by 2011. Increasing job loss, decreasing pay and banks finally getting back to their senses to make sure the loans get repaid is a spinning cycle, like my dog chasing his tail.
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