5 Doomsday Scenarios for the U.S. Economy

From: Yahoo Finance

5 Doomsday Scenarios for the U.S. Economy
http://finance.yahoo.com/family-home/article/110581/5-doomsday-scenarios-for-the-us-economy



It's been a brutal summer for the economy. The housing sector, like a balloon batted in the air one last time by the government credit, resumed its inevitable fall. Economic growth slowed to a lead-footed 1.6 percent, and job growth is even more anemic. Meanwhile, consumers are cranky, the trade gap is gaping.

Most signs point to a slow and steady recovery, but what if the pessimists are right, again? What if the United States isn't in the slow-lane to recovery, but rather on the precipice of another decline -- a double dip? . . . .