Middle East Economic Survey
VOL. LII
No 20
18-May-2009
GENERAL
The Crocuses Of Bottoming Out In The US Recession
By Shawkat Hammoudeh
Dr Hammoudeh is Professor of Economics and International Business at Drexel University. He can be reached at hammousm@drexel.edu.
They say crocuses are the early signs of spring. They bloom before the daffodils, tulips and certainly roses do, and while the weather is still cold. When such a metaphor is applied to the US economy, some people are now referring to what I...
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