Robert Reich on Possible Bubbles in Commodities and China
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Is the U.S. economy showing signs of recovery, as some indicators suggest, or are these assertions dangerously premature?Having served in three administrations, former U.S. Secretary of Labor Robert Reich is uniquely positioned to share his take on the 2010 economic outlook for California, the U.S., and the rest of the world in this year's annual installment of the Walter E. Hoadley Economic Forecast. In this excerpt, he comments on possible economic bubbles in the world.