[AU72]

Economic activity is already grinding down to under 2%.

A likely middle-east war this summer will do the trick.

[Peter from Rutland]

I tend to believe this a lot more than I do some of the crackpot ridiculous “the sky is falling” garbage that see I posted on here.

[Fiji Hill]

... a recession may not actually come until 2014

I take this to mean that since we're now in a depression, a recession would be an improvement.

[ecomcon]

That chart doesn’t look that impressive to me as a predictor. 50% chance before the “great recession”? Plenty of over 50% indicators that were wrong. Just from the chart, 1-2 years growth after a recession is a slam dunk.

Seems pretty weak.

[LuvFreeRepublic]

It is not going to happen, but if things change it could happen. Is this kind of like sick your neck out there but not really stick you neck out there?

[familyop]

Société Générale started as a bank in France. It’s a global financial services company. Markowska’s report does not include the consumer effort to avoid giving support or the ongoing QE desperations, but it’s good that her business’ clients are believing what they see in it.

There will be rising competition, when the time is right.