Recession is over for WHOM?

The InvestmentWatch blog has moved. Please adjust your bookmarks from now on to go directly to investmentwatchblog.com

Politicians, Bankers, Pawn Shop Owners, Oligarchs, Cash Rich sociopaths who will become slumlords buying properties for cents on the dollars, Insurance professionals, Lawyers, Accountants, Low-cost retailers Homeless Shelters & Soup Kitchens, Liquor Stores, Drug Dealers, the Military & cheap fast food restaurants, technocrats: engineers, biotech …. etc. Since our education system is a cow’s a$$ pointed south those jobs will be taken by those countries we love to send our employment

For everyone else — people who don’t live in about 6 or 7 major cities — the recession is and will be very much ALIVE.

These disconnected, aloof media bastards have no compassion writing this drivel.

It took nearly a year of declining numbers to “officially” call it a recession. So when it is “officially” not a recession any longer, how long before an actual recovery? Well, for the stock market it takes about an hour of foolish optimism. For the rest of the globe, probably a few years.

Cing

Related Posts:

• The U.S economy has become more exposed and fragile.
• Be careful: Fake rise in GDP could manipulate people to spend more.
• The housing data hints the length of this reccession
• More weak data, More hedge-fund selling seen this week
• The debt spiral: The bond market could crash any time.

Submit Your Article

• Your Name:
• Your Email:
• Story Title:
• Content:
• Reload Image
• Captcha text:
• Submit Story

Leave a comment

Name

E-mail

URI

Your Message