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Don't Mention The "R" Word
The word "recession" is being used less and less in news stories as the world becomes complacently confident that the central planners have 'fixed' the business cycle. Of course, the unpopularity of the R-word was matched only by the pre-recession lows in 2007/8 before the last collapse in the US economy. In the same way that there can be no bubble when everyone is talking about bubbles... when no one is talking about recessions, we wonder what that means?
Of course, if we don't mention it - it won't happen...
Chart: Bloomberg
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'Recession' has been removed from the economics dictionary and replaced with 'better than expected'.
What about the "C" word??
No. Not THAT one!
CRASH!
"Recession" has now been banned by the MSM. Good luck finding that word, at least until they can blame someone other than Obama or Harry Reid.
Between now and November, the Ministry of Propaganda will never mention this word. I wonder how hard the Fed will pump through the month of October, traditionally the most likely month for a 'big one'. I'll set the over/under @ $150 million.
Recession wrapped in Depression.
"R" Word? Like in are you a "Retard" in believing that we can actually recover from this turd-filled cesspool?
All we are experiencing is a transitory macroeconomic retroflux. No need to worry, the Fed is not allowing the economy to overheat. I feel gratified knowing the wise economic scientists at the Fed are protecting our interests.
It will be funny to watch the R-count spike when a republican takes office. And by funny I mean the kind where I'm crying.
You can tell the difference between Dems and Reps? I can't! We've had more of the same since 1980, and "St. Ronnie the Wrong."
Craig
"'Recession' has been removed from the economics dictionary and replaced with 'better than expected'."
It's actually been replaced with this statement.
"Today's report while not what we had hoped is still better than during the Bush Administration and highlights that President Obama's plan is working. But the President also knows there is more to be done....so he is hoping that Republicans will stop their stonewalling and enact the rest of his plan.....which includes access to affordable healthcare for all Americans."
Hey Barry & Company! Switch-out the Choom in your bongs 'cause this thing known as reality, is about to bite you all in your asses.
Recessions are uncommon in a booming economy.
Don't mention the "D" word either, because we weren't saved from it - just put into a slow motion one.
Recession.
Can't say rigger anymore.
Ok, I won't say "recession"....how about "DEPRESSION"?
How about we split the difference and call it......
Deprecession.
Deeprecession.
There. Fixed it.
Craig
This is just a controlled shutdown.
Next up..... Obama checks to the masses to help them do their patriotic duty and consume. Expect them about October.
Waiting with bated breath for my $5 ObaMao check!
Time for the Fed to come up with Plan Z. And O to blame Bush. Clockwork.
...All US indexes just went red, wtf ! someone call the Fed!!!!!!!!!!!
Red on a Friday too? They certainly won't allow that for very long.
Recovery?
Kev' went to take a poop. He is back now. Do not worry. Indices will be green soon.
The fed funds rate was 5.25% for almost all of 2007. What a coincidence that a recession appeared in December of that same year. [/sarc]
They always say the "R" word, Recovery.
Recessions are gone acording to Obama. Take it out of the dictionary.
For this admin there is no such thing as a recession, it will always be in a recovery.
For the last 5 years we have been in a recovery. As long as chairman Obama is in charge it's recovery.
WTF? Everyone with half a brain knows that US inflation is understated by at least 3% to 5%. That means we have been in recession for almost a decade now.
Can you handle the truth without your antidepressants?
http://www.shadowstats.com/alternate_data/inflation-charts
need moar pills!!!!
Have you heard the MSM ever utter the word Recession? According to the American socialist party in the white house we have are in a recovery.
If you wish hard enough, your mass murderer will morph into a messiah.
Watch the Obama NSA goons may target you for the attitude adjustment camp where you given drugs and told to chant "Obama is great," all day long.
This October, anyone long US equity markets can take advantage of the perfect hedge, when the Federal Reserve will print at least $150 billion to keep the 'D's off their knees.
WOW One Globalist down for the count
Shinseki resigns amid veterans' health care uproar | CNS News
Because its a depression. The only difference between the 30's and now is:
FDIC
Social Security, Medicare, UI
GOVT that falsifies all data concerning economic conditions
BALLS OUT PRINTING PRESS
The average reporter or "news reader" is lucky if they can put togethert a sentence to order a Happy Meal.
Don't forget SNAP, EBT, Section 8, Social Security Disability (which is almost drained dry).
Everything we both list are GOVT manipulations to protect the fraudsters. Yes they do protect "the system" from completely failing. But it has gone too far at this point.
I remember clearly, asshole Bush saying we are in No recession for about a year.....than one day out of the blue, oh yeah by the way we are in A Recession !!!!
Fuckers will lie, until the very end.
Recession??? Try depression. Started in 2007 arguably started in 2000.
Endless Fed printing has masked all the underlying rot.
arguably?
no question about it.
Both words have been replaced by Obama, the Federal Reserve and the liberal MSM.
Recession is now Recovery
Depression is now Dazzling Recovery.
whistle while you work, if you have a job
http://www.youtube.com/watch?v=mIwa9sPFT5I
Humans really like to build things , even if only for the hell of it .
Chinese abandon new cities , americans abandon new cars .
A modest proposal :
Build new Pyramids .
Matching pairs would look nice on Gaia .
Worked before .
Ask Pharaoh
They don't want to use the word recession just yet as the worst still needs to happen
<-if you pull the covers over your head, the monster won't see you!
<-a recession can't happen while QE4EVA is in place, the Fed told me so!
R is for Retirement, which I will never see...
Poor charting. What did the series look like before 2006?
Oh.
It is word game season again. And now the taboo economics word is "Recession".
"Panic" became the taboo econ word in the 1920's. "Panic" used to mean the stuff that happens when people realize they've been putting their money into doing things that simply cannot pan out. The term was apt, because "Panic" is descriptive of people's behavior.
It was replaced by the word "Depression". Which was also apt. When people discover they've been giving their money away to shysters who blow it on nothing of lasting value or return, and are protected from recourse by government, people do indeed feel depressed and helpless.
FDR's economics 'fixed' the Great Depression so well that the country couldn't get out of it while he was alive. Yes. Depression was an apt word.
So, then "Depression" became taboo.
And we were all told to use the word "Recession".
"Recession" was NOT apt. It described nothing. It made what was happening sound like an act of nature, like the tide. The word conveyed nevitability and the feeling it was useless to resist. But perhaps the "experts" could address it.
What word will they give us now to explain how they fleece us?
"Adjustment"?
"Rebalancing"?
"Equalization"?
You can be sure they won't call it what it is.
"Larceny"
Don't worry, "Belgium" will ensure you don't fall into a recession
Maybe take the Chart back to 2001. So if we were Zero wordcount 2001 to 2007 who's to say we wont be zero woedcount from 2014 to 2020.
Whatever.
You can't handle the truth.
and DOW turns positive and S&P new ATH....unfuckingbelieveable
The Real "R" words = Recognition & Realization.
arrrrrrrrrrrr
remember that during kondratiev springs recessions are shorter and hardly noticeable affairs unlike the gut busting mother-loving navy war drawn out recessions we get during the kondratiev winter.
1937.
Modern Monetary Theory often referred to as MMT to its many believers removes much of the risk ahead and guarantees that we will always be able to muddle forward. MMT also known as neochartalism is a economic theory that details the procedures and consequences of using government-issued tokens and our current units of fiat money. Newly acquired tools like derivatives and currency swaps allow us to print and manipulate away problems.
While reading an article about the growth of debt in China's non-financial sector I was forced to reflect on how debt is effected by the interest rates. In Europe the ECB had to step in to halt the economic collapse of Spain, Italy and several other countries that were on the brink. What you pay in interest on debt does matter accept in the manipulated land of MMT. Have we been lulled into complacency by the extraordinary actions taken by central banks and governments over the last six years? This is a key question we must face. More on this subject in the article below.
http://brucewilds.blogspot.com/2014/01/have-we-been-lulled-into-complace...