The Regulation and the Recession

My November 21. 2007 article on LewRockwell.Com ” The Regulation and the Recession”;

November 15, 2007, mark the date.

On this day came the regulation that finally brought the recession.

Yes, up next is a recession, a major credit crunch. It is way overdue and much needed. The underlying forces of globalization, the rise of Asia and productivity gains from new technology will however soon pick the economy up again, given a few years. It will be a recession, probably not and hopefully not a full blown depression…

Read it on LewRockwell.Com;

Hans J. Lysglimt

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