The real recession begun in January 2006 when dollar dropped off the cliff. It's remarkable how the equity markets were prepped up for another 22 months after that.
The real bottom is somewhere way below the 2002 bottoms, that time only dotcoms were affected, now the whole economy is hurting, from banks to consumers and everything between.
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The real recession begun in January 2006 when dollar dropped off the cliff. It's remarkable how the equity markets were prepped up for another 22 months after that.
Oct 15 12:26 pm
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All Comments by Wefwef »The Big Spending Fade Rolls On [View article]
The real bottom is somewhere way below the 2002 bottoms, that time only dotcoms were affected, now the whole economy is hurting, from banks to consumers and everything between.