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View Full Version : US in Depression in Q1



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StuartL
06-10-2008, 05:54 AM
I have to agree with that. I have seen some similar numbers from the UK. The news channels seem to be able to complain about inflation one minute and then breathe a sigh of relief that spending isn't down the next minute. Huh? Of course it isn't.

Well pointed out.

TomatoHead
06-11-2008, 06:31 AM
This site has a good track record. From the current front page...









I used to read Mish but he kept saying "deflation" over and over since 2004 such as in and, uh, well...

(WSJ)