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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: DebtBomb who wrote (69190)5/19/2002 6:44:15 PM
From: ChrisJP  Read Replies (2) of 99280
 
Doomsayers Ring Alarm Bells on Recovery

"The odds of a double-dip in the U.S. economy are not nearly as low as you have been led to believe," warned Stephen Roach, chief economist at Morgan Stanley.

He was a lone voice in predicting recession in early 2001 and for months, has argued persistently that a return to recession is on the way.


Welllll Dale -- if this basic statement is known to be totally untrue, how much else in this story can be believed ? lol.

Actually, I don't have any real issues with article, it's just interesting that it would contain such an outrageously false statement.

Heck, anyone economist who wasn't able to predict a recession by Jan 2001, should find another way to earn a living, lol.

Chris
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