Anwar Bhamla

Labor Pains: Deeper Contractions

Gabe: If it quacks like a recession..It IS a recession. You sound like a very well read person, you should know that all govt. statistics especially in an electionyear are suspect.

I hope-wish you are right. However the headwinds seem to be too strong. If China stopd reinvesting their dollars in the US, if housing prices do not recover, If financial companies do not find a way to recover their losses, we are all sunk.

To all readers: Be defensive, very defensive.