Recession

Tyler Durden's picture

Dennis Kneale: The Great Recession Is Over





And I thought the Sanford letters were going to be the funniest thing posted here this afternoon. Oops...

 
Tyler Durden's picture

San Francisco Fed: "This Recession Should Cause A Significant Decline In Core Inflation"





The San Fran Fed continues to voice a dissenting tone from the Ben Bernanke Inflation Party Line. Authors Weidner and Williams try to reconcile the lack of major deflationary pressure borne by significant unemployment. Their conclusion: the output gap is the likely variable, and could potentially be less then estimated by the CBO.

 
Tyler Durden's picture

Dubai is officially pulling out of the recession





Or so the government says... even with minimal background knowledge, it's not too much of a reach to call BS.

 
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