Is the world out of the recessionary woods as yet, especially the US?
No we are not out of the woods as yet. I see many dangers still ahead of us. I am not willing to “greenlight” the recovery. I don’t foresee any economic mega trend or technology trends that can create the consumer demand in the US. Lay-offs are still taking place and I haven’t seen any jumpstarts to the GDP.
(This story appears in the 06 November, 2009 issue of Forbes India. To visit our Archives, click here.)
Finally some american understands little itty bit economics rather than just printing books
on Nov 6, 2009