http://www.cnbc.com/id/44749111 Front page of CNBC. Meanwhile mr. Buffet is still delusional. His articles on the frontpage right below it. I personally think we're still in the new great depression. thoughts?
Exactly. There was never a recovery. The only reason it technically "ended" (positive GDP growth) is because of massive Government spending.
Remember this... due to the spending policies of the Bush Administration and the extreme compounding and accelerated spending of the Obama Administration the U.S.A. will not come out of this economic disaster until 2015. We need to STOP spending and begin innovations (this does not mean "green technology").
The biggest threat to cause a global recession is the crisis in the Euro brought on by the Greek mess. Guess which firm was hired by Greece to run a smoke-and-mirrors show past the commissioners when Greece was applying to the EU for membership in the Euro family of nations? That's right, Goldmann Sachs. I guess if you created the mess in the first place you should be able to predict the bad effects now, right?
