Another Recession for the United States?

According to a study conducted by the Federal Reserve, there is more than a 50 percent chance that the United States will have another recession. The cause is connected to international developments, domestic factors and the debit crisis in Europe.

The study states that the U.S. is simply not stable enough to handle the sovereign debt coming from Europe.

It is estimated that the recession will happen again at the beginning of the New Year.  However, the study also states that the U.S. has a chance of getting through this recession quite quickly during the second half of the year.

The U.S. currently has a 30 percent chance of falling into a recession without any external factors.