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All Fiscal Cliff, All the Time: Investors Losing Confidence, Fear Recession
MINYANVILLE ORIGINAL European economy sliding; forget it and tell me about the fiscal cliff. Japan’s got a current account deficit for the first time in 30 years; forget it and tell me about the fiscal cliff. Unemployment over 25% in Greece; right now gimme the skinny on the fiscal cliff! This is going to be the heaviest leitmotif in market history until we get something signed that keeps the US from willingly jumping off a steep fiscal cliff and into economic recession...or worse.   The markets signaled their underwhelming confidence in the US government’s ability to get a deal ...
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