Don't you remember? That's government data you're going by? Depth of Recessions
The severity of a recession is determined in part by its length; perhaps even more important is the magnitude of the decline in economic activity. The 2007-09 recession was the deepest recession in the postwar period; at their lowest points employment fell by 6.3 percent and output fell by 5.1 percent.
http://www.minneapolisfed.org/publications_papers/studies/recession_perspective/
Tiny ticks do make a huge profit for anyone on the right side of those trades; tens of billions in profits!
And the giant firms on the other sides of those trades would lose tens of billions.
Thanks again for helping me to make it...
No problem. Neither were the terms Air Force, Social Security or Medicare.
I need Ben's source of paper, so I can be buying up all sorts of real properties and stuff with it too...
You could buy a less silly source...
Maybe like some people, he's just looking out for his best buds forever?
Yes, by passing more regulations and extorting fines.
minneapolisfed.org Well now, you can't go doubting those folks... No sir, Bob..
Out of curiosity though, lets just see what shadowstats.com says it was:
And the giant firms on the other sides of those trades would lose tens of billions.
What's a few billion here and there among friends? Scratch my back today, I'll scratch yours tomorrow. What's really important is maintaining that even keel and our next summit meeting.
Neither were the terms Air Force, Social Security or Medicare. How 'bout the term Central Bank (i.e., The Founders who created a Central Bank in 1791...)?
You could buy a less silly source...
Funny, So could you.
Maybe like some people, he's just looking out for his best buds forever?
Yes, by passing more regulations and extorting fines.
Use 'em and lose 'em - It seems to be the elite way of getting things done these days...