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Bailout
: Calculated RiskPrivate Investment?
By Anonymous
?We need to make that transition now to a recovery led by private investment,? Mr. Geithner said Sunday on NBC?s ?Meet the Press.?I discussed this last week - in most sectors of the economy there is over capacity or too much supply (housing), so there is no reason for significant new private investment.
...
?I think the most likely thing is you?ll see an economy that gradually strengthens over the next year or two, you?ll see job growth start to come back, investments expanding ... but we?ve got a long way to go still,? Mr. Geithner said.
Earlier today: Weekly Summary and Schedule, July 25th
Yesterday: Sovereign default Part 5B. What Happens If Things Go Really Badly? More Things Can Go Badly: Credit Default Swaps, Interest Swaps and Options, Foreign Exchange
Full post as published by Calculated Risk on July 25, 2010 (boomark / email).
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