The worst nightmare forecast by economic specialists over the previous years has come true: new research by economic gurus in the United States of America has revealed a bleak scenario: the United States’ economy is in a state of depression. Yes, it is the Double Dip, a roller-coaster ride to economic catastrophe and it has arrived. To come: massive debt default, the failure of entire nations and widespread starvation in the western world.
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A 'double dip' wouldn't have existed if we had excluded all government spending from the official economic calculations.
ReplyDelete*yawn*
ReplyDeleteI suppose it is like Armageddon, in that it isn't going to happen.
ReplyDelete