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Monday, November 14, 2011

Fed Report Gives 50/50 Chance To New Recession In Early 2012

As the U.S. economy continues to try to climb out of the sinkhole left by the 2008 bank meltdown, looming disasters in Europe and Japan could end up plunging us back into a recession in the coming months, warns a new report from the San Francisco Federal Reserve Bank.

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1 comment:

Anonymous said...

Let's see. We're ALREADY in a recession. So now, there's a new one coming. Hmmm, wouldn't that be the DEPRESSION?
Nice timing on this too. The businesses are already working on their stories they'll tell about sales being down for the holidays.