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What's the probability of another recession?
And economists are sizing up the risks of another recession.
The Harvard economist Martin Feldstein thinks there is a 50-50 chance of another recession.
While the odds of another recession are still low, they are increasing.
"If you add the fear of another recession, that means even more uncertainty".
I have a confession which is: I go to bed every night and I dream of another recession.
Even with a quick victory in Iraq, he reckons the world economy is on the brink of another recession.
Fears of another recession have eased in Japan, however, as exports, production and wages stage a recovery.
From the American perspective, a more centralized and undemocratic Europe is clearly preferable to the risk of another recession.
But the risk of another recession is real, and it appears to be rising each week the war continues.
There is little indication here of another recession starting before the election, which would be the White House's nightmare scenario.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com