http://www.financialsense.com/editorials/petrov/2008/1102.html this was just sent to me from a friend, I haven't read it yet, but wanted to post it up......skimming it I see he has a few familiar charts, so FWIW here it is
There is No question we are IN Recession, where it goes from here is anyone's guess and I pray it isn't this but IMHO the econcomy is weakening more... I was more sure when I suggested back in SPET and OCT 2007 that BEAR was upon us and the BUll which began in 2003 was kaput.....the current situation is VERY COMPLICATED and here you are seeing more and more with hand out to get to what? new money from Fed...printed just for you.....
D
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