US headed for another recession in 2014 - 0 views
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Talisha R on 04 Mar 14This article talks about how a man named John. H Mankin thinks that a recession is going to happen in the US very soon. He predicted this based on past trends and by analysing the statistics. He saw that unemployment is above 7.5% and for the first time since 2011 the housing sector failed. He says that in 2011 and in 2012 the US suffered two growth declines and the fiscal and monetary policies used during those times will not work a third time thus resulting in a 'third-time unlucky recession of 2014'