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Poll - QE, double dip etc.


shalab
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How likely is double dip in the US  

36 members have voted

  1. 1. How likely is double dip in the US

    • not likely at all
    • never got out of the first dip
    • no opinion
    • somewhat likely
    • very likely


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My opinion on this topic is as follows - so far there is no evidence of a double dip recession (despite all the ranting by different folks). This is not to say that it wont happen, it could happen if all the governments apply the breaks, raise interest rates etc. The indication thus far is that several countries (India, Indonesia, China) are tightening the screws to prevent overheating. The real estate prices in these countries have reached/surpassed the pre-crisis levels. In the U.S, the balance sheets of companies/consumers has generally improved but people are not willing to lend recklessly like before or spend recklessly like before. The unemployment is still high which isn't great but is probably needed for the adjustment.

 

cheers!

 

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