Old Project Avalon Forum (ARCHIVE) - View Single Post - GOOD NEWS??? Bernanke says recession 'very likely over' LOL

peaceandlove · 10-14-2009, 05:37 PM

IN CASE YOU DIDN"T KNOW!!! A LITTLE UPDATE!!!

IT'S NOT 'LIKELY OVER' ANYMORE, IT'S 'OFFICIALLY OVER'!!!

STOP HOARDING, START SPENDING!!!

U.S. recession over, unemployment seen at 10 percent

Mon Oct 12, 2009 7:00 pm
By Lucia Mutikani

WASHINGTON (Reuters) - The worst U.S. recession since the Great Depression has ended, but weak household spending as the labor market struggles to create jobs will slow the pace of the economy's recovery, according to a survey released on Monday.

The survey of 44 professional forecasters released by the National Association for Business Economics, also known as the NABE, found that 80 percent of the respondents believed the economy was growing again after four straight quarters of declines.

"The great recession is over," NABE President-Elect Lynn Reaser said.

Continues: http://www.campaignforliberty.com/wire.php?view=8007

An added note: I guess they haven't heard about the "GREATEST" Depression according to Gerald Celente still coming...

10-14-2009, 05:37 PM	#19
peaceandlove Avalon Senior Member Join Date: Sep 2008 Location: Turtle Island Posts: 2,776	Re: GOOD NEWS??? Bernanke says recession 'very likely over' LOL IN CASE YOU DIDN"T KNOW!!! A LITTLE UPDATE!!! IT'S NOT 'LIKELY OVER' ANYMORE, IT'S 'OFFICIALLY OVER'!!! STOP HOARDING, START SPENDING!!! U.S. recession over, unemployment seen at 10 percent Mon Oct 12, 2009 7:00 pm By Lucia Mutikani WASHINGTON (Reuters) - The worst U.S. recession since the Great Depression has ended, but weak household spending as the labor market struggles to create jobs will slow the pace of the economy's recovery, according to a survey released on Monday. The survey of 44 professional forecasters released by the National Association for Business Economics, also known as the NABE, found that 80 percent of the respondents believed the economy was growing again after four straight quarters of declines. "The great recession is over," NABE President-Elect Lynn Reaser said. Continues: http://www.campaignforliberty.com/wire.php?view=8007 An added note: I guess they haven't heard about the "GREATEST" Depression according to Gerald Celente still coming... Last edited by peaceandlove; 10-15-2009 at 07:53 AM.