Okay!
USA is now officially in recession for close to 8 months. Unofficially and unfortunately it has been close to 18 months now. Most of us in the service sector know that very well.
Now i was also in quite a confusion that whether Keynes was right or Schumpeter was right when Bush and Obama started the war against the recession. I just love their theories. Both are considered top 2 economists of the century. And
Lets first point out the facts which are pulling the economy down! Though everyone knows the basics of this bloody game. Its all inter-related.
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Thursday, April 16, 2009
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