Let’s face it. Whether you think the official recession is over or not, the global economy is not in such great shape. US consumers are severely tapped out, and some major changes will have to occur before a growth engine replacement will be found. As one pundit put it recently, most of the ‘green shoots’ in the global economy have been the direct result of ‘manure’ coming from government stimulus programs and are unsustainable at the current deficit spending levels. They are throwing money at t…
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Posted on December 14, 2009 at 10:12am — 2 Comments