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  • GARY SHILLING: Only One Thing Will Revive This Economy

    08/15/2012 6:50:13 AM PDT · by blam · 14 replies
    TBI ^ | 8-15-2012 | Sam Ro
    GARY SHILLING: Only One Thing Will Revive This Economy Sam Ro Aug. 15, 2012, 7:53 AM We recently reached out to our favorite economists and asked them: "What one thing would ignite this economy?" But bearish economist Gary Shilling wasn't about to stray from his long-term thesis. "The only thing that's likely to revive the US economy is time, the 5 to 7 years of it needed for deleveraging to be completed, especially in the global financial sector and among US households," he told us. "Meanwhile, slow real growth of about 2% per year and more frequent recessions are to...