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Wednesday, November 4, 2009

The Recession Is Over - Be Prepared For The Worst

Lately after reading my subsciptions to The Wall Street Journal, Forbes, Fortune, and Barron's, I have gotten the impression that those involved in investments are far less optimistic about the market recovery than other newspapers and magazines that seem to be trumpeting the Obama administrations declaration that the recession is over.

Here is another voice...

Be Prepared for the Worst
Ron Paul, 10.29.09, 09:20 AM EDT
Forbes Magazine dated November 16, 2009

The large-scale government intervention in the economy is going to end badly.

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Any number of pundits claim that we have now passed the worst of the recession. Green shoots of recovery are supposedly popping up all around the country, and the economy is expected to resume growing soon at an annual rate of 3% to 4%. Many of these are the same people who insisted that the economy would continue growing last year, even while it was clear that we were already in the beginning stages of a recession.

A false recovery is under way. Read more....


Fed Chief Says Recession Probably Over

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