Report Concludes Recession Began A Year Ago
A new report by the National Bureau of Economic Research has concluded that the US economy slipped into recession in December 2007, a full year ago. While some investors and financial institutions recognised the slip into recession, the White House, and by proxy the corporate media, continuously refused to acknowledge the reality of the situation.
• Get ready for a rough ride from world recession, Chinese President tells party
• Gold Falls in London as Dollar Strengthens, Crude Oil Declines
• Stocks drubbed at open
Monday, 1 December 2008
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