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Expert: U.S. in 'recession of choice'

from CNN.com

Congress and the Fed missed chances to keep the country from falling into recession by acting too slowly, according to a well-respected economist. CNNMoney.com reports that Lakshman Achuthan, managing director of the Economic Cycle Research Institute, says the economy is in what he calls "a recession of choice."

Triple Shock Strikes the Global Economy

from AlterNet.org by Eric Le Boucher, Le Monde

The American growth model will have to change.