The other thing I worry about is if the global economy recovers, the price of oil will begin to increase again, making our recovery even more difficult. Of course, given what's going on in Europe right now, a global recovery doesn't seem all that likely either.
Double dip recession my royal backside, we are heading into the Obama DEPRESSION!
I think the over-the-counter derivitive aggregate has put us into a depression which will be as deleterious as the ‘30’s. The unbrideled spending of this administration has made this a certaininty,....and it seems to have been done with great deleberation and planning. It seems to be moving us towards a one world economy. AS the euro declines, and some have said it will reach par with the dollar, we have essentially reached a singular currency. We have crossed the Rubricon,...there is no turning back,...and it is not for the betterment of anyone.