“The Greater The Economic Weakness, The Stronger The Recovery”

Recently there has been a thought circulating that the worse the recession (or economic weakness) the stronger the following economic rebound.  This refrain has been heard from various quarters. This belief does appear to be historically accurate, at least to some degree.   However, there are three aspects of this belief that I want to elaborate … Read more“The Greater The Economic Weakness, The Stronger The Recovery”

Some Latest Thoughts from Economists

The latest Wall Street Journal economist forecast survey says “the median forecast sees the end of the recession next month.” http://online.wsj.com/article/SB124708099206913393.html Meanwhile, I would like to point out this quote from Christina Romer, from a June 28 article, as she mentions the prospects of a “V” recovery: “I still hold out hope it will be a V-shaped … Read moreSome Latest Thoughts from Economists