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Saturday, October 1, 2011
“We are going into a brand new recession. We had about a 2 year expansion and I’m sorry to say, there’s no way out of this, all we do is study recessions and recoveries and we do not make these calls lightly and we are not eager to make them, but when the objective evidence presents to us patterns that are recessionary, we have to call it like it is.”
Posted by Nick at 10:14 AM