Currently, most analysts are of the view that the global economy recovery will be “V” Shape, fast recovery. However, a few months ago I warned that it is possible for a W Shape economic recovery. In recent weeks, both Tharman (Singapore’s Finance Minister) and Prime Minister Lee also warned of the possibility of a double dip recession.

Why is a double dip recession (W shape recovery) possible?

Let’s look at the BIG picture. Do you know that U.S. alone accounts for 24% of the Global Economy? While Euro Zone accounts for another 30%.

Many people are celebrating that China’s economy might be able to grow at 8% (what they Aimed for) in year 2009. However, do you know that China’s economy currently only accounts for 7% of the World economy? What about India you might ask? Sorry to disappoint you, India accounts for only 2%.

So even if BOTH China and India economy do well and stage a fantastic recovery, the 2 of them would account for 9% of the Global Economy.