Article from Sept. ‘06?
yeah umm I’m going to trust a british gloom and doom website concerning our economy.
Isn’t a recession two consecutive quarters of declining growth, by definition? Have we had that yet?
Another self fulfilling prophecy sure to be correct at some point.
Meanwhile, GDP revised up to almost 5% last quater and near 4% the most recent quater. Looks like you’ve got at least another 6 months before this could possibly be correct.
Keep your fingers crossed!
In fact, they call non-goldbugs dollar-sheep LOL.
Like we need more doom & gloom from the wearisome pommies. There’s a fair amount of whining on this site about global warming and the usual liberal claptrap.
Thanks for ANOTHER post about the demise of the U.S. economy.
You are either a Goldbug, a Populist, a Hillary supporter, are short the market, or are really bored.
The author is what is known as a “perma-bear”; so a September 2006 article is as good as one from any other date. And of course a stopped clock is also right twice a day.
It’s more valuable to know when to hold em, and when to fold em.
Firt rule of forecasting: when you forecast a recession is coming, don’t say when. Eventually, you’ll be proven correct.
...and which mess would that be?
I’m not participating in it.
Selling short, are we, Kurt?
We are not in a mess. The economy is strong and performing very well.
We are not going to have a negative quarter till possibly the second quarter of next year.
It takes two down quarters to have a recession so it will be fourth quarter next year before it can be declared with certainty.
The Rats will not be able to crow about the bad economy.