In-depth analysis on Credit Writedowns Pro.

Krugman sees recovery by end of Summer

As I have been indicating, even the most bearish of professional economists are now seeing a probable end to the recession later this year.  Paul Krugman goes as far as to say he wouldn’t be surprised to see the official end dated sometime this summer.  The question, therefore, is not if or when the recession ends, but rather how robust a recovery we get.

Another question we should all be asking ourselves is whether this will be used as an excuse to return to business as usual.

 

About 

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College. Edward also writes a premium financial newsletter. Sign up here for a free trial.

6 Comments

  1. davosSherman says:

    I M P O S S I B L E

  2. JohnDoe says:

    “signs of stabilization” and “getting WORSE more slowly” are not the same as “recovery”. Too many people are getting this confused. We are no longer in immediate danger of falling off a cliff and a total collapse of our economy but we are in no way shape or form at the end of the recession.