The so-called experts say no recession-

Discussion in 'Trading' started by Warrior4g, Jan 21, 2008.

  1. the so-called experts like larry kudlow are constantly spewing their bs about how the U.S. markets do'nt matter as much anymore and that the world economy is so strong ect...well,this is today's news below:

    Many analysts now fear that the US slowdown could damage the world economy.

    International Monetary Fund head Dominique Strauss-Kahn warned Monday that "all the world's countries are suffering from the slowdown in growth in the United States, at least all developed countries".

    And later Monday, Jean-Claude Juncker, the chairman of the Eurogroup finance ministers, added to the gloom.

    "The situation is continuing to deteriorate in the United States," Juncker said after chairing a meeting in Brussels with finance ministers from the 15 countries that share the euro.

    "In recent months, we have always ruled out a recession in the United States, but we cannot totally rule it out today," added Juncker, who is both Luxembourg's prime minister and finance minister.