Wednesday, February 28, 2007

Yahoo! - "Economists Say Recession Unlikely" (2-27-07)

"Alan Greenspan and the Wall Street nosedive aside, economists think the probability of a U.S. recession this year is fairly low and the likelihood of one in China is even slimmer. Greenspan, the former chairman of the Federal Reserve, warned this week that the world's largest economy -- the United States -- could slip into recession this year. That would be bad news for the global economy, too."

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