Talk may be cheap, but the endless chatter about a looming recession may wind up being very costly to the US economy.
As Wall Street and Washington fret over what measures are needed to combat an economic downturn, there's another debate brewing about whether the nation is talking itself into a recession when one neither exists at the moment nor is a foregone conclusion in the future.
AP
"We're over-reacting to the recession word," Dow Chemical Chairman and CEO Andrew Liveris told CNBC. "Lots of people get together and talk to each other and people believe the psychology."
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