Monday, April 30, 2012

UH-OH: SPAIN JOINS BRITAIN IN RECESSION

SPAIN  IS OFFICIALLY IN  RECESSION.

AND 16 OF ITS BANKS ARE DOWNGRADED.

THINGS IN EUROPE ARE NOT GETTING BETTER.

AND WE WILL FEEL IT HERE - SOONER THAN YOU THINK:

ACTUAL GROWTH LAST  QUARTER WAS 0%, AND WE COULD SHRINK THIS QUARTER - MEANING WE COULD BE IN RECESSION BY ELECTION DAY...

STAY TUNED../

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