| From: | "Joseph Barbuto" |
| Received: | 03/29/2008 05:45 PM |
| Subject: | Re: ECRI Calls it "A Recession of Choice" |
Japan tried the same thing, it did
not work, once a bubble breaks it will stop once the excesses are cleared
from the system, lost respect for these after that
report..
Joseph
Sent: Saturday, March 29, 2008 3:03 PM
Subject: [Longwaves Forum]ECRI Calls it "A Recession of
Choice"
A RECESSION
OF CHOICE: A Special Report
By ECONOMIC CYCLE RESEARCH
INSTITUTE
Founded by Geoffrey H. Moore
March 28, 2008
The U.S.
economy is now on a recession track. Yet this is a recession that could have
been averted. In January, given the plunge in the Weekly Leading Index, we
declared that the economy had entered a clear window of vulnerability. Yet we
emphasized the brief window of opportunity within that window of vulnerability
for timely policy stimulus to head off a recession.
Read the full
report at ECRI
Calls it "A Recession of Choice" --
best regards
Kirk Lindstrom
Blog: http://kirklindstrom.blogspot.com
Newsletter: http://xrl.us/MoreInfo
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