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HomeLarry Kudlow: Looming Global Economic Recession
Posted by Larry Doyle on June 18th, 2012 9:54 AM |
Do you get the sense that despite any and all efforts of central bankers and government officials on the surface, there is an ongoing, powerful, and deflationary force at work gaining momentum along our global economic landscape? Regrettably, I think there is no doubt of this simple reality.
Regardless of the political outcomes yesterday in Greece, the EU faces daunting prospects. Growth is slowing in the Asian markets and our own economy is staring at an enormous fiscal cliff. Who understands the challenges we face? My former Bear Stearns colleague, highly regarded economist Larry Kudlow who wrote the other day, A Global Recession: The Warning Signs Are Everywhere: (more…)
