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User Info Richmond Fed Drops; entered at 2012-06-26 15:28:27
Flappingeagle
Posts: 1227
Registered: 2011-04-14
I think that we are in recession now. Of course, it might not be until April of the year 2525 that the government finally admits that we were in recession.

At least the productive part of the economy is on recession if not depression. The part that is funded by the huge deficits is what is making things look 'better'. I use the term 'better' pretty freely there.

Flap
2012-06-26 15:28:27