“The U.S. economic recovery is entering the home strait, though unemployment is still very high and may only come down gradually, outgoing U.S. Treasury Secretary Timothy Geithner said.
“I think in the recovery, if you do basketball, we’re in the early part of the fourth quarter,” Geithner said in an interview with The Wall Street Journal.
The United States was further advanced than other countries in balancing debt against income and cutting leverage risk in the financial system, and “we are through the big adjustment in housing,” he said….”
If you enjoy the content at iBankCoin, please follow us on Twitter
