I understand that we are all looking for green shoots, and a recovery tablet to make this all go away....But with thousands of people being losing their jobs every month, how can we even ask is recovery underway? We must be patient....it is going to take another 12 months before anything will stabilize to a point wher we can say, recovery is on it's way.
August 29th, 2009 2:10 pm ET
I think if economic indicators from the west ought to be not negative then recession should be towards recovery path and that means that the causative effects of it, i.e USA recession due to i think credit crunch such that the east economies closes in much better like the west as the west has been before, ought to be addressed.Such as global warming for a more robust world economy out of equity international capitalism that means also Doha WTO talks being strengthened by what i would call international agreements, in both of the above two examples.This again boils down to what the british development minister called some time recently UN reforms because to bring about calm in a house then the man(East) and woman(west) in it must feel respected and much not less uncomfortable.
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