Monday, November 14, 2011
Chance of 2010 recession tops 50 percent
The Federal government has been staying aware that there could be a chance of U.S. recession in the year 2012. With the European debt crisis at hand it is inevitable for the U.S. government to be thinking more about what could happen to us. The Federal government states that they are taking steps to not let this happen. They are not saying it will happen but it is a better chance that it will in the year 2012 as we get closer to it. If the European debt crisis keeps getting worse than the U.S. needs to be very careful. Because our economy is so weak, it can go down very quickly heading towards a recession so we must be precocious.