Friday, June 18, 2010
DOUBLE DIP RECESSION
I hope you are aware of WHAT IS DOUBLE DIP RECESSION? . Double Dip recession is the recession happening two times with the small gap in between. Most of the analysts, predicts that there is possibility of the double dip recession in 2010 0r 2011. After the 2008 recession, there is no significant recovery in the developed countries like USA,UK, etc. The situation in the Europe is worst compare to other countries. You can read the problem happened in Greece.
The above factors may derail the economic recovery and dive into another Recession. There is severe blow on the stock market across the globe. Small Investor to stay away from the market to avoid any loss. There will be more downturn in the next couple of months.
It is very difficult to predict the exact impact of the Europe problem in world market. Reportedly China too in the housing market Bubble. All these factors will dampen the investors party.
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