Ex Fed Chairman Volcker Says Nations Face Prolonged Unemployment
thestatedtruth.com | October 6, 2010
Former Federal Reserve Chairman Paul Volcker an adviser to President Barack Obama said he doesn’t expect consumer spending to spur growth, and the U.S. and other developed nations face the prospect of protracted joblessness. “This has not been an ordinary recession,†Volcker, 83, said today in a speech in Toronto. It’s “very difficult to find […]