Is a Double-Dip a Realistic Possibility?

Author
Sung Won Sohn
Date
2009-10-15
Views
7662
Sohn_Is_a_Double-Dip_a_Realistic_Possibility


Is a Double-Dip a Realistic Possibility?

- Speaker: Sung Won Sohn, Economic Professor at California State University

- Date: October 15. 2009.

"When the economy went down rapidly, it used to come back up in a hurry. But probably not this time... The probability of the global economy falling into double-dip economic recession is over 25 percent. That is pretty significant risk. We have to be very careful about exit strategy..."
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