Friday, July 30, 2010

Honest Agustín

Banxico chief (since December) Agustín Carstens says that there is a good chance Mexico will suffer from a double-dip recession, which is significantly more pessimism (and, presumably, realism) than we heard from him when he was Calderón's finance secretary. It's also the first time I remember someone from the government voicing concern about another recession.

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