Roubini Group: US Stands 50-50 Chance of Recession
December 13 — The United States stands a 50-50 chance of falling into a recession in 2012, Europe is doomed for one and China needs to brace for a hard landing, according to a report from Roubini Global Economics.
The United States should grow by up to 1.5 percent in 2012 but exposure to Europe, which remains mired in crisis, could throw the economy into negative territory. Read more
