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Posted on 02.03.10 by Thomas L. Knapp
“Folks, the recession is over. The economy is still depressed, but it is no longer falling. I wrote back in April 2009 that the second derivative had turned positive. That means that the change in the rate of growth had gone from negative to positive: the downturn was slowing and would become an upturn. I also wrote that, ‘The recession will most likely end in the fall of this year 2009.’ And so it did.” (02/03/10) Link: http://www.freeliberal.com/archives/003982.html Filed under: RRND Commentary and Twitter-Worthy | Report Bad Link Bookmark this post in Furl or Del.icio.us | |
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