5-doomsday-scenarios-for-the-us-economy: Personal Finance News from Yahoo! Finance

5-doomsday-scenarios-for-the-us-economy: Personal Finance News from Yahoo! Finance

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Finance SearchFri, Sep 24, 2010, 1:23AM EDT – U.S. Markets open in 8 hrs 7 mins 5 Doomsday Scenarios for the U.S. Economy by Derek Thompson, Daniel Indiviglio Saturday, September 4, 2010

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It’s been a brutal summer for the economy. The housing sector, like a balloon batted in the air one last time by the government credit, resumed its inevitable fall. Economic growth slowed to a lead-footed 1.6 percent, and job growth is even more anemic. Meanwhile, consumers are cranky, the trade gap is gaping.

More from TheAtlantic.com:

• 5 Reasons Why the Economy Will Be Alright, Eventually

• Mapping Troubled Housing Markets

• Despite Unemployment Rising to 9.6%, a Glimmer of Hope?

Most signs point to a slow and steady recovery, but what if the pessimists are right, again? What if the United States isn’t in the slow-lane to recovery,

 

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