a jobless recovery similar to the one experienced in 1992 a plausible scenario.
The interesting thing is that the last three recessions (1990-1, 2001 and the current one) have been followed by jobless recovery in the US... The brainless should not be in banking. — Willem Buiter
The difference in this case is not the recovery will be jobless, it is also that the recession is already a lot deeper than it was in 1991, and will get still worse. In the long run, we're all dead. John Maynard Keynes
In the long run, we're all dead. John Maynard Keynes
