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How the next leg of the recession will happen
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Wednesday, September 23, 2009
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From Forbes:

If our apparent third-quarter economic recovery proves weak and gives way to a second leg of recession, here is how it will happen:

1. Small businesses, constrained by lack of expansion capital and fearful of possible regulatory changes in health care, energy and union membership, sit on their hands and don't hire.

2. Unemployment creeps above 10% and stubbornly stays there.

Read full article...

More on the recession:

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The 7 hidden opportunities of the recession

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Topics: Recession | Economy | Cruxallaneous
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