"ALL CAPS IN DEFENSE OF LIBERTY IS NO VICE."

Friday, August 05, 2011

NYTIMES BEGRUDGINGLY ADMITS WE ARE IN A GLOBAL DOUBLE DIP RECESSION

WE SAID IT BEFORE, BUT AT LEAST THEY'RE SAYING IT NOW - NYTIMES:

European and Asian Stocks Drop Ahead of Wall Street Open

The rout extended in global markets, with Japan and South Korea’s exchanges closing 3.7 percent lower, and European markets down 2 percent in Friday morning trading.

Time to Say It: Double Dip Recession May Be Happening

It has been three decades since the United States suffered a recession that followed on the heels of the previous one. But it could be happening again.

FOR THE MARKETS TO IMPROVE, OBAMA AND HS POLICIES MUST GO.

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