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interestrateripoff

Us To Avoid "double Dip" - Mish Shedlock

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Trichet Reiterates Austerity Message; Germany Plans More Borrowing Cuts; Will the Treasury Rally Last?

This recovery is over, and it wasn't much of one to begin with. Indeed, there is a decent chance we do not have a double-dip recession for the simple reason the NBER may not call the end of the first one.

I know many on here have already said it's not a double dip because we are still in the original recession/depression.

However for Obama there are clear political benefits for the recession not to be declared over.

Edited by interestrateripoff

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Trichet Reiterates Austerity Message; Germany Plans More Borrowing Cuts; Will the Treasury Rally Last?

I know many on here have already said it's not a double dip because we are still in the original recession/depression.

However for Obama there clear political benefits for the recession not to be declared over.

It's second leg down time approaching. No doubt about it. More QE and more pretence that Govts can fix it. But it is beyond fixing. Soooooo much data confirms we are all in deep sh1t.

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Guest spp

This is the part where the central banksters make the countries squeal for all that printy printy fiat fraud they made them eat!

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eating_popcorn.gif

I'm sittin' on the dock of the bay

Watching the tide roll away

Ooo, I'm just sittin' on the dock of the bay

Edited by libspero

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  • 150 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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