tag:blogger.com,1999:blog-20154279.post5234431423189641201..comments2024-02-06T12:28:07.710+00:00Comments on Sunday Posts: How Long Is The Tunnel?Supriyo Chaudhurihttp://www.blogger.com/profile/05447230684750188797noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-20154279.post-3252954276877852162009-04-20T15:51:00.000+00:002009-04-20T15:51:00.000+00:00Hi Rakesh
Thanks for this comment. Indeed, this r...Hi Rakesh<br /><br />Thanks for this comment. Indeed, this recession denotes a correction - the question is how deep this is and what cascading effect the process of correction will have.<br /><br />This recession is indeed worse than any in living memory, as a number of sectors have turned sour at the same time. The other problem is that the economies are globally integrated more than ever, and Supriyo Chaudhurihttps://www.blogger.com/profile/05447230684750188797noreply@blogger.comtag:blogger.com,1999:blog-20154279.post-86526344861566497702009-04-20T15:04:00.000+00:002009-04-20T15:04:00.000+00:00Hi Supriyo,
I am not an economist, but what I und...Hi Supriyo,<br /><br />I am not an economist, but what I understand is that the current recession is a kind of correction of an unduly overheated economy. If that's what it is, then this recession has to be a temporary phenomenon. <br /><br />Don't you think the pessimism in the West is actually fuelling the recession further? I am not meaning to be critical... just analytical.<br /><br />RegardsRakesh Poddarhttps://www.blogger.com/profile/11832269194523491512noreply@blogger.com