Reacting to Roubini's Predictions: The Economy, Dollar Carry-Trade, Housing [View article]
A U shaped recovery does not imply a depression. It could be simply a series of recessions much like the Japanese have experienced. We did avert a depresion in 2009: This does not imply that we will not enter a depresion starting in 2010.
Reacting to Roubini's Predictions: The Economy, Dollar Carry-Trade, Housing [View article]