Global Economy: U, V, W – Alphabet soup spells out economic developments but be skeptical of the sunshine wafflers
May 21st, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Global Economy: In recent weeks, optimism has replaced months of wintry gloom, as economic signals in several regions have turned positive and despite the reality that the shock of the worst recession since the 1930's will have long-term consequences, the sunshine wafflers have returned in force. However, there is reason to be skeptical of the commentary on economic developments that is a reprise of the mantras from some of the same people, who set the world economy on fire.