Krugman sees slow, painful global recovery on trade woes

Filed under: International markets

New York Times (NYSE: NYT) columnist Paul Krugman, who has previously expressed concern about governments withdrawing fiscal and/or monetary stimulus too quickly, resulting in a stall of the just-started recovery, Monday provided more reason to stay-the-course.

Krugman, a Nobel Prize winner, did say in Helsinki Monday that the global recession has probably bottomed but the recovery will be "slow and painful," Bloomberg News reported.

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Krugman sees slow, painful global recovery on trade woes originally appeared on BloggingStocks on Mon, 21 Sep 2009 18:30:00 EST. Please see our terms for use of feeds.

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