Federal Reserve Chairman Ben Bernanke said Tuesday that the U.S. economy is stabilizing and will begin to rebound later this year, but the recovery will be slow and cautious.

At a hearing of the Joint Economic Committee of Congress, Bernanke said consumer sentiment, the housing market and spending have begun to show signs of life.


chistana at 18:18 2009-05-08 said:
What is the benefit of a local economy if we use all sustainable energy? I think the benefit of a local economy now is the use of less fossil fuels. If we change over completely to sustainable fuels, would the world or its local communities benefit from local economies, more than if we continue our large scale international trade? Detailed answers appreciated. __________________ affiliateelite ~ affiliateelite.com ~ adgooroo ~ adgooroo.com Permalink

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