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 Recession Has Already Begun in US, Analyst Says



The U.S. economy is currently entering a recession, argues John P. Hussman, Ph.D., the head of an investment company. Others, from both the left and the right of the political spectrum, have similar forecasts about the country's immediate future.

"By our analysis, the U.S. economy is presently entering a recession. Not next year; not later this year; but now," Hussman wrote Monday in a commentary on the Hussman Funds website.

Hussman believes that more evidence that the economy has entered a recession will be forthcoming in the next few months, "but through a constant process of denial in which every deterioration is dismissed as transitory, and every positive outlier is celebrated as a resumption of growth." ...

read more: http://www.christianpost.com/news/recession-has-already-begun-analyst-says-76527/


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SI Moderator - Greg Gordon

 2012/6/13 14:16Profile
MrBillPro
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Joined: 2005/2/24
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 Re: Recession Has Already Begun in US, Analyst Says

Thank the Lord, God is Recession proof.


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Bill

 2012/6/13 14:22Profile
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Joined: 2005/2/24
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 Re:

He never fails - "The righteous man will not be forsaken nor his seed begging for bread."


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Bill

 2012/6/13 14:25Profile





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