Top Posts & Pages
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Category Archives: “The Recession Is Over”
The Myth the Economy is Recovering
The Dow hit a new record high yesterday, topping 14,264. The previous record was 14,198.10, set in October 2007, when investors were squarely focused on the Federal Reserve (Fed). The Fed had cut rates for the first time in four years … Continue reading
Posted in "The Recession Is Over", 2013 Predictions
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The Recession Is Over Update: Debt was the root of the crisis, spread “like a cancer”
Recession Is Over Update: The root of the crisis over the past couple of years wasn’t recession, but debt, which has spread “like a cancer,” according to Nassim Taleb, professor and author of the bestselling book “The Black Swan,” who is now relieved … Continue reading
Posted in "The Recession Is Over"
Tagged debt, depression, economy, job, middle class, recession, US economy, wealth
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Recession is Over Update: Nevada bank shut down
Recession is Over Update: Regulators on Friday shut down a Nevada bank, raising the number of U.S. bank failures this year to 83. The 83 closures so far this year is more than double the pace set in all of 2009. By this … Continue reading
Posted in "The Recession Is Over"
Tagged banks, depression, economy, recession, US economy
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