No Michael, you're wrong again and again and again....
It's official: U.S. is in recession
Economy began shrinking in December 2007, panel declares
WASHINGTON - The economy fell into recession late last year, according
to a panel of economists that is responsible for determining the dates
of business cycles.
Monday's declaration by the panel of the National Bureau of Economic
Research confirms what many private economists, lawmakers and members of
the general public already have assumed and puts an official date on it:
A U.S. recession began in December 2007.
http://www.msnbc.msn.com/id/27999557/
-----Original Message-----
From: [email protected] [mailto:[email protected]] On
Behalf Of Michael Madigan
Sent: 04 March 2009 21:14
To: ProFox Email List
Subject: RE: [OT] Australia on brink of recession
You're a retard. The first down quarter for the United States was 4th
quarter 2008.
http://www.bea.gov/national/nipaweb/TableView.asp?SelectedTable=5&FirstY
ear=2007&LastYear=2008&Freq=Qtr
*************************************************
1/20/2013 Eviction Notice
http://www.cafepress.com/rightwingmike/6169336
--- On Wed, 3/4/09, Geoff Flight <[email protected]> wrote:
> From: Geoff Flight <[email protected]>
> Subject: RE: [OT] Australia on brink of recession
> To: "'ProFox Email List'" <[email protected]>
> Date: Wednesday, March 4, 2009, 3:40 PM
> We are not yet even technically in recession and the USA has
> been in
> recession for 15months. We are doing vastly better although
> not as good as I
> hoped. And it remains true that our economic troubles are
> all external ie it
> comes from other lousy economies
>
> -----Original Message-----
> From: [email protected]
> [mailto:[email protected]] On Behalf
> Of Nicholas Geti
> Sent: Thursday, 5 March 2009 2:26 AM
> To: ProFox Email List
> Subject: Re: [OT] Australia on brink of recession
>
> We said as short as two weeks ago that Australia was in for
> a rough time and
>
> you kept lecturing us on how Australia was so astute
> compared to the U.S.
> Well, we have still not fallen off the cliff like you so
> strongly thought.
> Hurt, yes but not dead.
>
>
>
> ----- Original Message -----
> From: "Geoff Flight" <[email protected]>
> To: "'ProFox Email List'"
> <[email protected]>
> Sent: Wednesday, March 04, 2009 6:49 AM
> Subject: RE: [OT] Australia on brink of recession
>
>
> > Its caught everyone a bit by surprise. Everyone was
> expecting a 0.2%
> > growth.
> > Now we gotta hope it doesn't happen a second
> quarter although to be honest
>
> > I
> > don't think that's likely so it looks like we
> scored a mild recession as
> > well. Wonderful:(
> >
> >
>
>
[excessive quoting removed by server]
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