The U.S. and Germany are already out of recession, Barclays says, signaling the end of the global contraction. "In short, we have grown in confidence that the rebound that started in Asia early in the year has now become a truly global rebound."
The recovery appears to be led by technology. This is a good sign, for the growth potential and cost savings of biotechnology, nanotechnology, and environmental technology will be needed to overcome to deadweight of Obamaism, Global Warmingism, and socialized medicine.
This news story has 6 comments:
On Aug 07 03:03 PM youngman442002 wrote:
> Dry shipmens down 5%...how can there be a recovery if no one is trading?????
On Aug 07 03:20 PM paulseglund wrote:
" I wonder when business will get better for anyone that I know."
Didn't you read the news? AIG made a profit so bonuses will be up at GS.