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Today's Columnist The Next Crisis: Spiralling Inflation - Part 1

The US economy contracted for four consecutive quarters since October 2008, something we have not seen since the Great Depression. A V-shaped recovery is simply not in the cards because the credit crisis has caused deep, systemic damage. Having said ...

3:16 PM October 29, 2009 | By Nick Barisheff | Topics: Economy

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The Next Crisis: Spiralling Inflation - Part 1

The US economy contracted for four consecutive quarters since October 2008, something we have not seen since the Great Depression. A V-shaped recovery is simply not in the cards because the credit crisis has caused deep, systemic damage. Having said that, if the recession ends this year, it certainly won't be because the global economy is healthy.

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