Should November's figures show a significant drop, it would suggest that a double-dip recession had become more likely. |
The country is in deep recession, yet the government has cut its spending by about 40 percent this year. |
Plus, we could well be on our way into a double-dip recession three years from now once the fiscal and monetary stimulus is withdrawn. |
It does so because it believes that recessions are a great time to gain ground on the competition. |
It is reported that their record in forecasting recessions is only half as good as tossing a coin. |
Compared to other post-war recessions, the downturn of 2001 is one of the shallowest on record. |