David Rosenberg Says Everyone Is Now Starting To See How Bad It Is

Famed economist David Rosenberg of Gluskin-Sheff says people are finally coming to grips on how bad the economy is as the Federal Reserve looks to be warming towards a second round of quantiative easing.

Rosnberg said in a TV interview, "We need a little perspective on the economic backdrop because I am becoming increasingly concerned. The fact that some at the Fed are beginning to warm towards the idea of more quantitative easing, vocal support from a growing number of Democrats to extend the once-reviled Bush tax cuts, and now chatter of another government-led bailout of “upside-down” homeowners, suggests that I am not alone in this concern."

You can read more about Rosenberg's perspective here.