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This is serious, though not unexpected. It might as well be the harbinger of a new war by US. History is witness that whenever recession has hit US economy in the past, it has found an effective antidote in war. The first and the second world wars had their genesis in US recession. And, so did the Iraq war. the present itch in the US to invade Iran and Syria is probably symptomatic of the inevitable consequence of the US recession. NB: The above is not MY thinking. I am neither a historian nor an economist. These are views expressed by US experts to which I can give reference if anybody is doubtful. M C Gupta ======================================= On 1/22/08, Hiroo Pardasani wrote: > > Is US Economy already in Recession? > > -- > Thank You. Best Regards. Have a nice day! > Hiroo Pardasani > > > --- > > > [This message contained attachments that have been removed.] > > > > ---------------------------------------------------------------------------- > A nation, like a tree, does not thrive well till it is engrafted with a > foreign stock. -Ralph Waldo Emerson, writer and philosopher (1803-1882) > > ---------------------------------------------------------------------------- > > > > ------------------------------------------------------------------------------ > To join/leave, use the form at: > http://www.mumbai-central.com/nukkad/#options > This list is archived at: > http://www.mumbai-central.com/nukkad/archive.html > > -- Prof. M C Gupta MD (Medicine), MPH, LL.M., Advocate & Health and Medico-legal Consultant mcgupta44@gmail.com www.writing.com/authors/mcgupta44 http://mcgupta44.blogspot.com/ --- [This message contained attachments that have been removed.] ---------------------------------------------------------------------------- Power tends to corrupt, and absolute power corrupts absolutely. -Lord Acton (John Emerich Edward Dalberg-Acton), historian (1834-1902) ---------------------------------------------------------------------------- ------------------------------------------------------------------------------ To join/leave, use the form at: http://www.mumbai-central.com/nukkad/#options This list is archived at: http://www.mumbai-central.com/nukkad/archive.html
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