Saturday, September 6, 2008

“I won’t have it!” Don’t worry, you’re not gettin’ it.

Job losses and falling house prices send FTSE spiralling towards 5,000

Hugh Johnson, the founder and head of Johnson Illington, the US fund manager, said: “Today’s data shows that we are almost certainly in a recession. It suggests very strongly that the economy is contracting in the third quarter and that that is likely to continue into the fourth. I knew the economy was doing really poorly, but today’s figures are still a bit of a surprise.” Listen fella, you're at least a year behind the curve....or are you bluffin'?

Posted by gardeniadotnet @ 12:32 AM (658 views)
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One thought on ““I won’t have it!” Don’t worry, you’re not gettin’ it.

  • gardeniadotnet says:

    The New Depression develops apace.
    The facts are as clear as the lines on my face.
    Seek and Ye Shall Find ( I suggest starting with Roubini).


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