US Federal Reserve chief Ben Bernanke has warned Congress that without the right policies from the government, the US recession could last into 2010.
but! if the Obama administration can put forth policies to give us economic balance 2010 could be a year of recovery. all of this hanging of the threads of the central banking system and getting credit and financial markets to operate more normally again. if these things happen will 2009 be the end of the recession and 2010 be one of recovery. Mr Bernanke is doing everything he can to make sure that legislator and other key individuals know what must be done if this recession is ever to end. you can read more about it here.
http://news.bbc.co.uk/2/hi/business/7908403.stm
Tuesday, February 24, 2009
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