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Wednesday, March 11, 2009

Rezession und kein Ende......

Ein Paar Titeln der Letzten Tagen
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Worst collapse in UK manufacturing in four decades

The “horrendous” scale of Britain’s industrial recession has been laid bare by figures showing that manufacturing output is declining at the fastest rate since records began more than 40 years ago.

By Edmund Conway
Last Updated: 7:45PM GMT 10 Mar 2009

In figures labelled by analysts as “shocking” and “a horror show”, Britain’s industrial production dived at record speed, underlining how hard the global downturn has hit producers and exporters. The statistics are doubly surprising because many economists had expected the weakness of the pound over the past year to have boosted their fortunes. ................................
http://www.telegraph.co.uk/finance/economics/4966992/Worst-collapse-in-UK-manufacturing-in-four-decades.html

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US Recession Could Last Up to 36 Months: Roubini

By Jane Wells

March 10, 2009 "CNBC" - -The man who predicted the current financial crisis said the US recession could drag on for years without drastic action.
Among his solutions: fix the housing market by breaking "every mortgage contract."
"We are in the 15th month of a recession," said Nouriel Roubini, a professor at New York University's Stern School of Business, told CNBC in a live interview. "Growth is going to be close to zero and unemployment rate well above 10 percent into next year.".................................

http://informationclearinghouse.info/article22187.htm

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1 in 50 Children in US is Homeless

Ranks of homeless kids climb

By Cynthia Hubert

March 10, 2009 "Sacbee.com" -- In and out of classrooms, sleeping in shelters, shielded by parents, homeless children can seem invisible to society at large.

A national study released Monday finds that one in 50 children in America is homeless. They're sharing housing because of economic hardship, living in motels, cars, abandoned buildings, parks, camping grounds or shelters, or waiting for foster care placement.

"That is something that I don't think most people intuitively believe to be true," said Ellen Bassuk, an associate professor of psychiatry at Harvard Medical School and president of the National Center on Family Homelessness.......................................

http://informationclearinghouse.info/article22186.htm

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