with the european shares taking a beating and some economies growths not as high as expected, is this the start of the "double dip" they are all worried about???

I imagine the extra taxation, ending of government stimulus packages etc isnt helping either!

Call me cynical, but i reckon the way things are going a double dip is quite possible. Just think of all the extra job losses, industrial action, retail spending not as good etc, is just making things worse as confidence is low.

What you reckon??