Wednesday, July 01, 2009

when is the Next recession?

It may not be right time to share the bad news. when the economy has just started recovering. but I am trying to forecast this as many economists do and they fail to do it. I may also fail but I will be more happy if I fail.

A lot of money has been thrown by the governments around the world to bolster public spending. they did not let the market forces to correct the system. therein they sowed the seeds of the next recession. 
Hence next recession will be caused by oversupply of money and staggering inflation. and we can get into it as soon as we come over the current recession. It could be around 2 years from now on. this puts the date June 2011. ya pretty likely... 

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