2010-08-27

Not long now...


Read the full commentary behind this graph at Consumer Metrics Institute. The next GDP figure comes out before the election and it's looking to be terrible. Believe it or not, if you click through and read the report, 2008 was actually a V-shaped recovery for the consumer (you can see it in the chart above). This time, the deterioration has been growing worse over time. So much for the government and Fed interventions.

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