While many believe the global economy is stable and recovering, "permabear"  economist...

|By:, SA News Editor

While many believe the global economy is stable and recovering, "permabear"  economist David Rosenberg sees "a car being driven by a drunk, lurching from side to side on the road, narrowly avoiding the ditches each time." While the car is in the middle of the road right now, "is that because the driver has sobered up, or is it because the car is just passing through the middle on its way to the ditch on the other side?"