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IPFS News Link • Economy - Economics USA

There Will Be No Recovery...

07-12-2009 • Jessescrossroadscafe.blogspot.com

In a recession this deep, recovery doesn't depend on investors. It depends on consumers who, after all, are 70 percent of the U.S. economy. And this time consumers got really whacked. Until consumers start spending again, you can forget any recovery, V or U shaped.

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Reported By Jack Gregson

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