Tuesday, July 01, 2008

Greenspan confirms U.S. economy on brink of extended recession

Former U.S. Federal Reserve Chairman Alan Greenspan, when asked if the U.S. economy was in recession, said: "We are on the brink".

"A rebound at this stage is not something I think is in the immediate outlook," he added.

[Reuters]

1 comment:

Richard Jennings said...

Well About.com just released there top 10 job boards list today -

http://jobsearch.about.com/od/joblistings/tp/jobbanks.htm

We should all study this intently in the coming weeks and months!