{"id":7352,"date":"2011-08-03T14:41:39","date_gmt":"2011-08-03T09:11:39","guid":{"rendered":"index.php\/?p=7352"},"modified":"2011-08-03T14:41:39","modified_gmt":"2011-08-03T09:11:39","slug":"debt-relief-replaced-with-recession-fear","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2011\/08\/03\/debt-relief-replaced-with-recession-fear\/","title":{"rendered":"Debt relief replaced with recession fear"},"content":{"rendered":"<p>In a matter of days, investor relief that the United States avoided default has been replaced by fears Europe&#8217;s debt crisis is deepening and the world&#8217;s biggest economy may be slipping back into recession.<\/p>\n<p>&#8220;The odds of the economy going back into recession are at least one in three if nothing new is done to raise demand and spur growth,&#8221; Summers said of the United States in his column.<\/p>\n<p>The bellwether S&amp;P 500 index dropped more than 2.5% on Tuesday to wipe out 2011 gains after data showed U.S. consumer spending fell in June for the first time in nearly two years.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/2011\/08\/03\/us-global-economy-idUSTRE7721L120110803?feedType=RSS&amp;feedName=businessNews&amp;utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+reuters%2FbusinessNews+%28News+%2F+US+%2F+Business+News%29\">Insight: Debt relief replaced with recession fear | Reuters<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a matter of days, investor relief that the United States avoided default has been replaced by fears Europe&#8217;s debt crisis is deepening and the world&#8217;s biggest economy may be slipping back into recession. &#8220;The odds of the economy going back into recession are at least one in three if nothing new is done to &hellip; <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[46],"class_list":["post-7352","post","type-post","status-publish","format-standard","hentry","category-your-money","tag-reuters","entry"],"_links":{"self":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/7352","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/comments?post=7352"}],"version-history":[{"count":0,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/7352\/revisions"}],"wp:attachment":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media?parent=7352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/categories?post=7352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/tags?post=7352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}