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Steven Hansen
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Steven Hansen is an international business and industrial consultant specializing in turning around troubled business units; consults to governments to optimize process flows; and provides economic indicator analysis based on unadjusted data and process limitations.
My company:
Econintersect LLC
My blog:
Global Economic Intersect
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  • One week, three recessions.
    14 Jul 2012, 01:49 PM Reply Like
  • Good article. The comment " I believe we are in a depression, but monetary and fiscal policy has covered it up" seems to be about right according to much of the real world evidence and reports we see.
    14 Jul 2012, 02:58 PM Reply Like
  • Right now I follow 11 indicators with a history of turning before recessions...only one has turned recessionary...the Euro-17 economic
    sentiment indicator..it has been below its 9 month moving average
    since June 2011.
    14 Jul 2012, 03:01 PM Reply Like
  • Yes, recession is a certainty. The business cycle has not been repealed.

     

    The only problem remaining is to say when. ECRI (and others mentioned by Steve) say starting now. We say not just yet. Based on historical frequency, a recession must be considered a certainty sometime between 2012 and 2015. When it arrives everybody will say they called it!!!!!
    14 Jul 2012, 03:10 PM Reply Like
  • For all those awaiting with bated breath the next recession I am reminded of that old adage: "life is what happens to you while you're making plans."
    14 Jul 2012, 03:32 PM Reply Like
  • "Yes, recession is a certainty." , "a recession must be considered a certainty sometime between 2012 and 2015"

     

    I dont know how and I dont know when but I am certain, sooner or later a recession is certain and I am certain that when it does finally arrive certain people will say they called it for certain that is for certain.
    14 Jul 2012, 05:27 PM Reply Like
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