Saturday, August 1, 2009

Recession vs Recovery: A Race of Time

This is an interesting story on the post-recession America. What it tells us, is that we are now in a race against time. If we do not have a recovery in demand, somehow, agriculture and manufacturing will start falling again. Agriculture, and to a lesser extent, manufacturing, remain important drivers of the US economy. Agriculture, in particular, is vital in propping up the trade balance of the US, making it not as bad as it could be.

So we may yet have that "W" shaped recession, after all.

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