USA: NY TIMES, WEAK RECOVERY LOOKS LIKE A RECESSION

According to the New York Times, the US economic recovery increasingly looks like a recession. The paper pointed out that the US officially emerged from one of the most delicate junctions in the country’s history, but the debs, consumption, real estate and employment are still too weak to fuel hopes for a quick turnaround. Some economists forecast that a full recovery has to wait until 2013.

Published by
Lorenzo Briotti