Recession will change the US forever

Updated March 12, 2009 20:57:57

This week the Governor of the US Federal Reserve, Ben Bernanke said the US recession could end this year if the Government gets its policies right.
That's a big IF. It means stabilising a financial system in ruins and saving or creating millions of jobs. And the economy, when it recovers, will never be the same.

Presenter: Karon Snowdon
Speaker: Dr Jerry Jordan, former president of the Federal Reserve Bank of Cleveland

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