The Next Three Government-Backed Bubbles Unveiled
August 05, 2009 at 11:00 AM EDT
The good times are back! U.S. GDP declined at a mere 1% annualized rate, after inflation, between April and June. Consumers only cut back spending at a 1.2% annualized rate during the same period. Barry Norris, a partner at Argonaut Capital in London, explained how the world economic recovery “could be V-shaped after all." To top it all off, the “cash for clunkers” program sparked an auto shopping spree. Dealers moved 250,000 cars Read more ...
