sartesian at earthlink.net
Mon Dec 1 15:40:02 MST 2008
The National Bureau of Economic Research finally called it a recession today, stating that the big R began in December 2007 [kind of follows after rates of return on investment peaked in 2006].
So let's see: EU, Japan, UK, US in recession. Ukraine, Iceland, Latvia, Hungary experiencing something a bit more than a recession. Russia? something more than a bit more than a recession.
India? Brazil? China? Next meat in the fire.
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