G20 Says No Threat Of Recession Yet

Kenneth Rapoza, Forbes
Sat, 10/15/2011 - 4:20pm

G20 says no threat of recession in Europe yet.

Senh: In cases like this, it's better to overreact. They might not be in a recession currently, but they sound like they could easily "slide" into one. In the U.S., the bailouts to the financial industry did stabilized the sector, so maybe they should do the same.

Sections: news world business

Topics: central bank economy europe europe debt europe debt crisis finance minister g20 global economy group of 20

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