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Agreed, but I bet the masses still believes we're in recovery, because that's what the news media have them believe. Look at all the 'recovery' headlines on th
by stuffthatmatter 17y ago
Agreed, but I bet the masses still believes we're in recovery, because that's what the news media have them believe. Look at all the 'recovery' headlines on the major financial news portals and you'll see.
Geithner Sees Evidence of a Financial Recovery
http://www.nytimes.com/2009/07/17/business/economy/17geithner.html http://www.nytimes.com/2009/07/17/business/economy/17geithne...
Summers Says U.S. ‘Close to a Level Path’ to Recovery
http://www.bloomberg.com/apps/news?pid=20601103&sid=antmIqObw4yY http://www.bloomberg.com/apps/news?pid=20601103&sid=antm...
Fed's Hoenig says U.S. recovery to be very slow
http://www.reuters.com/article/ousiv/idUSTRE56D6CK20090714 http://www.reuters.com/article/ousiv/idUSTRE56D6CK20090714
- BrentRitterbeck 17y agoI consume financial and economic news like it's going out of style. The majority of the press is still reluctant to claim we are now in recovery. I'm convinced that the only person the media will believe about being in a recovery is Roubini, and he didn't get his moniker for nothing.
- marcusbooster 17y agoI don't think anyone is claiming recovery until the jobs start coming back, which they haven't.