Tag recession

It’s official: The Great Recession ended last summer, say some deeply clueless economists, before being herded back into their hermetically sealed isolation chambers so as to avoid any undue contamination from actual reality.

America and Europe face the worst jobs crisis since the 1930s and risk “an explosion of social unrest” unless they tread carefully, the International Monetary Fund has warned. Historians say the last time that the wealth gap reached such skewed…

The Beige Report, a widely watched economic report from the Fed, reported nationwide signs of a deceleration in growth. This will of course, make the talking head cheerleaders (how’s that for mixing metaphors!) exceedingly grumpy. But mark my words, they…

Bloomberg (or, considering the topic, maybe that should be Doomberg) The U.S. economy is so bad that the chance of avoiding a double dip back into recession may actually be pretty good. The sectors of the economy that traditionally drive…