Double-dip Recession No Longer Crazy Talk?
June 21, 2010 at 16:07 PM EDT
George Soros, Warren Buffett, and Bernanke have their doubts Just a month or two ago opinions that the serious recession that ended in the last quarter of last year, will return in a double-dip later this year were blown off as crazy. However, such opinions are now gathering credibility as prominent names join the chorus of worriers. I’m not talking about perma-bears, those grizzlies who have been calling for an economic Armageddon continuously since the market top in 2000. They failed to realize that economic cycles and bull markets did not go away. The only change over the last decade has been that the cyclical declines have been larger and closer together than was the case in the long positive economic boom times …