http://finance.yahoo.com/news/Survey-of-top-economists-find-cnnm-202386183.html?x=0 ^Story. Thoughts?
Hmm...well, some economists thought it was over back in March (It was still pretty low), but I wouldn't make any calls until the unemployment rates lower back to normal, which lag behind anyway. Its definitely better than before though, since things are steadily rising back up again.
I expected this, frankly. I said it back when it was announced earlier that the economy was picking up again - nothing lasts forever. It's just a matter of surviving until it picks up again. This is kind of what happens in a free market economy - ups and downs. The only way to stop it completely is to have a communal system of government - you know, communism how it was meant to be. Until that happens, we'll see ups and downs, some worse than others.
In some countries, yes, their economy is beginning to strengthen. There are still countries affected by the recession that aren't quite on the way to recovery yet. The Canadian dollar here is nearly at par with the American dollar. Recovering economies will aid in the recovery of other countries' ecnomies, as do decreases. It's definitely not over yet, but we're through the worst of it, I think.
