Tuesday, January 15, 2008
Recession or not?
One of my latest columns, regarded a slight decrease in consumer confidence at the end of 2007 and announcements of a recession of the economy. Interesting to read how NRC Handelsblad also published a commentary on this issue. It was titled 'Self-confidence of the European Economy'. Key message is that we mustn't let ourselves talk into a recession. Yes, the US is heading for a financial crisis, but consumer and business confidence in Europe is still good. Read the comment article here.