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Saurabh01 · 02-09-10

http://business.rediff.com/slide-sho...-recession.htm

The chances of the United States economy slipping into another recession are close to 25-30 per cent, a noted American economist said.
"I see a third to fourth of a chance of a double-dip (in the US economy)," noted American economist and former chairman of the Federal Reserve of the United States, Alan Greenspan, said while addressing an audience through video-conferencing during an award function in Mumbai on Wednesday.
The chances that the US might slip into another recession are 25-30 per cent, Greenspan said.
According to him, to reduce the double-dip recession probability, recovery in asset base

02-09-10	#2265
Saurabh01 Member Join Date: Oct 2009 Posts: 444 Thanks: 1 Thanked 4 Times in 4 Posts	Another US recession? 30% chance, says Greenspan http://business.rediff.com/slide-sho...-recession.htm The chances of the United States economy slipping into another recession are close to 25-30 per cent, a noted American economist said. "I see a third to fourth of a chance of a double-dip (in the US economy)," noted American economist and former chairman of the Federal Reserve of the United States, Alan Greenspan, said while addressing an audience through video-conferencing during an award function in Mumbai on Wednesday. The chances that the US might slip into another recession are 25-30 per cent, Greenspan said. According to him, to reduce the double-dip recession probability, recovery in asset base