A Global Recession?

Interview:
http://onpoint.wbur.org/2012/10/10/a-global-recession

Behind everything else – behind meningitis and Nobel Prizes and Big Bird and debates – there is still the issue of how we’re going to eat and live and work and have a roof over our heads. That is, the issue of the economy. This week, the IMF is putting up warning flares again. The risk of a new global slowdown, global recession, it says, is – quoting them – “alarmingly high”.

In Europe, 80 percent likelihood. And it bleeds out from there. Nobody wants to go back in that hole. Too much pain. How do we avoid it?

This hour, On Point: as America prepares to vote, avoiding another bust.

-Tom Ashbrook