PDA

View Full Version : Recession Not Over, Double-Dip or Worse Coming


411man
September 30, 2010, 10:17
Recession Not Over, Double-Dip or Worse Coming


http://usawatchdog.com/recession-not-over-double-dip-or-worse-coming/



" According to Williams, all the recent data on things such as housing starts, new home sales and orders for durable goods are “suggestive of a quarterly contraction for the current quarter (third-quarter 2010.) Williams goes on to say, “. . . today’s ongoing “recovery” is not evident in most economic data, and, like the mid-Great Depression recovery, most people will not recognize the “good times.” Main Street U.S.A. usually has a pretty good sense of what is happening in the real world, and the pain of today’s pocketbook issues still will be felt heavily at the polls, irrespective of any happy announcements or heavy political hype to the contrary.”

gates
September 30, 2010, 16:33
all that happened is Obammy took an impossible situation and made it worse - we're going to have our depression regardless, now we get to do it a few trillion dollars deeper in the hole -

RG Coburn
September 30, 2010, 18:03
What? Dr. Obama's miracle elixir won't cure what ails us? Won't restore vitality and vigor?Damn...
Shoulda went to a real doctor....

carguym14
September 30, 2010, 20:00
You can't have a double dip without a legitimate recovery first.


And we all know the only "recovery" we had was smoke being blown up our butts..........

gates
September 30, 2010, 21:04
The covers are being pulled off bro - the cats ALMOST out of the bag to J6P:

http://market-ticker.org/akcs-www?post=167957

http://market-ticker.org/akcs-www?post=167961