We have been in a reccession for over a year now in my opinion. I know I am paying more than 36% MORE FOR FOOD , GAS AND ELECTRICITY. Not to mention rising costs of non necassaties such as cable TV , cell phones, Movies ect.... Since the street always lags the real market by a year the question should be are we in a depression already ?, remember the govt statistics also lag by 3-6 months and seem to always be revised downward after the fact. It also seems to me that because for the first time in God knows how many quarters we actually exported more than we imported . Could these actions taken by Bernanke and the FED to devalue our currency actually be an under the radar trade war?
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We have been in a reccession for over a year now in my opinion. I know I am paying more than 36% MORE FOR FOOD , GAS AND ELECTRICITY. Not to mention rising costs of non necassaties such as cable TV , cell phones, Movies ect.... Since the street always lags the real market by a year the question should be are we in a depression already ?, remember the govt statistics also lag by 3-6 months and seem to always be revised downward after the fact. It also seems to me that because for the first time in God knows how many quarters we actually exported more than we imported . Could these actions taken by Bernanke and the FED to devalue our currency actually be an under the radar trade war?
Mar 09 17:35 pm
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All Comments by Britishsteel »Has the Recession Started? [View article]