Could We See a Double Dip Recession?

In terms of the financial situation with the globalspiral, the reality is that without a more serious
economy, the optimist sees the half full glass aschange in financial methodology and oversight, the
the end of an almost 2-year long recession. Theeconomy will continue to bounce until the
pessimist sees it as half full and evaporating asinevitable roll away occurs.
the months pass. Somewhere in the middle of theWhen, Not If There Is A Double Dip Recession
two is the reality that using Wall Street as theWhen the double dip occurs, it will likely be the
barometer for the health of the economy isresult of the missing piece of the economic puzzle:
neither half full, nor half empty. Even casualloss of consumer confidence. The first "dip" began
observers of the financial status of investmentswith shock and awe at how easily the financial
at present see it as "dead cat bounce", meaning ifinvestment world could be savaged by misguided
you toss a cat from a high enough building, it willinvestment decisions and serious misjudgments.
bounce. This is an old Great Depression analogyThe second dip will occur as a result of stagnant
that clearly defined the phases of a deepor non-existent consumerism. Fear of loss of
regressive economic depression. The question isfinancial stability affects consumers. But, it affects
whether the global economy is in recession or in abusiness through "deflation". The longer consumers
regressive "dead cat bounce".hold off making purchases, the more businesses
Could We See A Double Dip Recession?will suffer deflation. The double dip begins when
We can and will see a double dip recession. Thisbusinesses insist upon status quo pricing while the
too is a clear observation. It's predicated upon anconsumer market fairly vanishes before their
economy that is "bouncing" with each neweyes. People on Main Street will not invest in Wall
statistic that proves negative. As an example,Street until it can prove itself worthy of their
though the present US stimulus package mayattention.
have seemed to band-aid a downward economic