Amid bleak economic growth and unemployment, the stock market swoon, and the downgrade of the credit rating of the federal government, the fear of a dreaded double-dip recession–or even of a 21st-century Great Depression–has been taking hold. But a rough consensus among economists may be starting to emerge. According to this line of thinking, although
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Is a double-dip recession the least of our fears? Why the economy could be in for a decade of stagnation