Famous investor and billionaire George Soros referred to the US economy as “blah,” saying he expects a further slowdown. US President Barack Obama has insisted however that the US economy is heading in the right direction. Gerald Celente, the director of the Trends Research Institute said the economy is not just blah, it’s in a depression. It’s the summer of the greatest recession,” he said.
American consumers do not expect to be feeling any more confident in six months’ time, a widely-watched index revealed today, underlining the hurdles facing a recovery in the world’s biggest economy.
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The National Security Agency, headquarters for the government’s eavesdroppers and code breakers, has been located at Fort Meade, Md., for half a century. Its nickname, the Fort, has been familiar for decades to neighbors and government workers alike.