Friday, August 5, 2011
Headline: "Time to Say It: Double Dip Recession May Be Happening"
And even though the phrase 'may be' is most annoying and you can be sure all articles will still be framed under guise that we're in a recovery and its about to end (which is ludicrous since a recovery never took place), we still give the Times 'props' as it were for writing it.
The article link is: http://www.nytimes.com/2011/08/05/business/economy/double-dip-recession-may-be-returning.html?_r=1
Overall its a good article though it is more of a summary of what they refer to as 'Great Recession 1' and what 'Great Recession 2' will look like. Of course we disagree w that groupthink but we've stated it often enough
Posted by Susquehanna at Friday, August 05, 2011