SPXT - The Economic Depression: How Bad Will It Get And What Stimulus Efforts Will Really Help
Elliott R. Morss, Ph.D. ©All Rights Reserved
Introduction
Things are bad globally and locally. We hear a lot about the US $2 trillion stimulus package. The package is examined with this question addressed: Is this the best way to get back to full employment?
How Bad?
FocusEconomics does a monthly economic survey of countries. Over the last few months, these surveys have gotten progressively grimmer. And with the exception of China, the listed countries are now in their worst quarter (April–June). A number of European countries - Italy, Spain, the UK, France and Germany -