Tuesday, October 5, 2010

Bad and Very Bad

Today's Business Insider profiled Goldman Sachs' Jan Hatzius two economic scenarios:

Bad: 1-2% GDP growth and an increase to 10% unemployment

Very Bad: Double-dip recession, based on Bush tax cut expiring and declining home prices

If you want to see a slide presentation of Goldman bearish view on the U.S. economy, please click here.

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