2nd half '10

O Κρουγκμαν ανησυχεί...
Λογικό δεν είναι; Το stimulus τελειώνει...

Συνδυαστικά, ένα παλαιότερό του: Double dip warning
But it has been clear for a while that it’s a serious possibility, for two reasons. First, a large part of the growth we’ve had has been driven by the stimulus — but the stimulus has already had its maximum impact on the growth of GDP, will hit its maximum impact on the level of GDP in the middle of next year, and then will begin to fade out. Second, the rise in manufacturing production is to a large extent an inventory bounce — and this, too, will fade out in the quarters ahead.
The chances of a relapse into recession seem to be rising.