European and Asian Stocks Drop Ahead of Wall Street Open
By MATTHEW SALTMARSH AND BETTINA WASSENER
The rout extended in global markets, with Japan and South Korea’s exchanges closing 3.7 percent lower, and European markets down 2 percent in Friday morning trading.
Time to Say It: Double Dip Recession May Be Happening
By FLOYD NORRIS
It has been three decades since the United States suffered a recession that followed on the heels of the previous one. But it could be happening again.
"ALL CAPS IN DEFENSE OF LIBERTY IS NO VICE."
Friday, August 05, 2011
NYTIMES BEGRUDGINGLY ADMITS WE ARE IN A GLOBAL DOUBLE DIP RECESSION
WE SAID IT BEFORE, BUT AT LEAST THEY'RE SAYING IT NOW - NYTIMES:
FOR THE MARKETS TO IMPROVE, OBAMA AND HS POLICIES MUST GO.
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