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Ten reasons the economy won't recover in 2010

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10 Reasons the Economy Won't Recover In 2010Think the economy is recovering? Think again.

Forget the noise and statistics thrown around by the politicos and pundits. We are not at the end of this recession -- we are in the middle of it.

This will not be a V-shaped recession and recovery, folks. It is a U-shaped one at best, meaning we have a while to go before things truly pick up. But, more than likely, we are dealing with a W-shaped recession, and we are near the end of the second leg ... and then down we go.

And even if the economy stays flat, the stock market will almost surely head back down when the Street realizes what a jobless recovery actually looks like.

So, while the statistics may point to an economic recovery this quarter or next, the real world will be feeling recession pains throughout 2010.

Still not convinced? Here are 10 reasons the economy will flat line or decline in 2010.

Click on each reason to learn more:

Reason #1: Dramatic loss of wealth
Reason #2: The jobless recovery
Reason #3: Consumers are afraid to spend money
Reason #4: Changing consumer attitudes
Reason #5: The credit crunch will continue

Reason #6: Excess capacity
Reason #7: Businesses aren't spending
Reason #8: Uncle Sam can't bail us out
Reason #9: The Fed can't do it either
Reason #10: Take a good look around

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Last updated: November 28, 2009: 01:22 PM

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