25 Sep '11, 6pm

#peakoil Roubini and Soros Say The U.S. Already in A Double Dip Recession and Warn of Uprising: Dr. Doom Roubini...

Alan Cain on Sun, 25th Sep 2011 8:10 pm Not having formally declared a recession doe not mean that there is not an underlying recession taking place, and the numbers the US put out are so frequently “adjusted” in employment and other areas that it is very hard to put faith into those numbers for decisions by those of us with relatively minor holdings. Evidence from the past (go look for yourself if you don’t think so – I am not going to do your homework) suggests that a very (REAL) conservative policy on the part of small investors is wisest. Of course, churn is what gives the managers of funds profit, so why not stir the stew… Greece should get out of the euro without delay before the Germans and other “investors” suck them totally dry. What next? Sell the acropolis? Italy, too, though they kind of are legal morons given their charging two seismologists with failure to pr...

Full article: http://peakoil.com/bussiness/roubini-and-soros-say-the-u-...

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