Comments on: Recession Sightings Picking Up Steam http://www.nakedcapitalism.com/2008/07/recession-sightings-picking-up-steam.html Mon, 23 Nov 2009 00:58:00 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: crmorris http://www.nakedcapitalism.com/2008/07/recession-sightings-picking-up-steam.html#comment-12342 crmorris Thu, 31 Jul 2008 17:21:00 +0000 http://www.nakedcapitalism.com/2008/07/recession-sightings-picking-up-steam/#comment-12342 John Williams of Shadow Statistics points out that the current-dollar GDP growth was 3.0%, implying a GDP annualized deflator of 1.1%(!) He also points out that there almost never is a statistically-reported recession before an election. John Williams of Shadow Statistics points out that the current-dollar GDP growth was 3.0%, implying a GDP annualized deflator of 1.1%(!) He also points out that there almost never is a statistically-reported recession before an election.

]]> By: mxq http://www.nakedcapitalism.com/2008/07/recession-sightings-picking-up-steam.html#comment-12333 mxq Thu, 31 Jul 2008 15:09:00 +0000 http://www.nakedcapitalism.com/2008/07/recession-sightings-picking-up-steam/#comment-12333 fyi...today Q4 US GDP was revised to -0.2% from 0.6; 1Q08 GDP was revised to 0.9% from 1.0% fyi…today Q4 US GDP was revised to -0.2% from 0.6; 1Q08 GDP was revised to 0.9% from 1.0%

]]> By: Anonymous http://www.nakedcapitalism.com/2008/07/recession-sightings-picking-up-steam.html#comment-12330 Anonymous Thu, 31 Jul 2008 14:20:00 +0000 http://www.nakedcapitalism.com/2008/07/recession-sightings-picking-up-steam/#comment-12330 rww,nothing like the American middle class anywhere in the world.<br/>Boats,ATV's, RV's, multi-auto's, expensive homes on large lots,shopping till you drop has finally reached the drop off stage. rww,nothing like the American middle class anywhere in the world.
Boats,ATV’s, RV’s, multi-auto’s, expensive homes on large lots,shopping till you drop has finally reached the drop off stage.

]]> By: rww http://www.nakedcapitalism.com/2008/07/recession-sightings-picking-up-steam.html#comment-12326 rww Thu, 31 Jul 2008 13:04:00 +0000 http://www.nakedcapitalism.com/2008/07/recession-sightings-picking-up-steam/#comment-12326 The big machine is shutting down world-wide and without American consumers to power it up with more borrowed money, it will get mighty ugly. The big machine is shutting down world-wide and without American consumers to power it up with more borrowed money, it will get mighty ugly.

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