U.S. economy can be drop back in recession

After the Columbia University’s Nobel laureate professor, Joseph Stiglitz and Martin Feldstein of Harvard University warned against excessive optimism, a Nobel laureate Paul Krugman also made obscure projections about the U.S. economy.

On the Annual Meeting of the American Economist Association, the professors worried about this year’s outlooks of the U.S. economy. While according to Stiglitz; the growth will not be too "robust", Krugman gave 30-40 percent chance, that in the second half of the year, the economy of the United States will sink back intto recession – reports Világgazdaság Online.