Aug 27, 2011

Gus Faucher (Moody's economist) on a possible double-dip recession

If there is another recession, I think it wouldn't be as severe and it would also be shorter. And the reason for that is a lot of the imbalances that drove the previous recession have been corrected.

~ Gus Faucher, senior economist at Moody's Analytics, "2 Ways the Next Recession Will Be Different," Yahoo! Finance, August 24, 2011

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