Sep 202010
From the WSJ:
The National Bureau of Economic Research, the arbiter of the start and end dates of a recession, determined that the recession that began in December 2007 ended in June 2009.
Now it is proper to talk about a double-dip. Does anyone really believe we are better off now than we were in June 2009?
“WAR IS PEACE. FREEDOM IS SLAVERY. IGNORANCE IS STRENGTH.” from 1984 by George Orwell.
and now, “CRASH IS PROSPERITY.” from the NBER.
In case you don’t read it, Vox Day also has this on his blog: http://voxday.blogspot.com/2010/09/green-shoots.html
Monty Pelerin's World » Your Eyes or the NBER…
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