tag:blogger.com,1999:blog-7284169336072184992.post5480674362427633200..comments2023-06-22T09:33:32.324-04:00Comments on SENSE AND NONSENSE: Real Recession and Statistical RecessionNeil Bensonhttp://www.blogger.com/profile/18269735762990766138noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7284169336072184992.post-31195437603230277002008-06-27T07:19:00.000-04:002008-06-27T07:19:00.000-04:00We are long past the downturn. Banks that traded f...We are long past the downturn. Banks that traded for a $100 are as are now trading for $10. If it weren't for the federal government Lehman Brothers would have long since been out of business along with Morgan Stanley and others. I can give you the URLs to the people who predicted this over a year ago. It's like a snowball rolling downhill and the federal government keeps telling us that the snowball is only 6 inches big when it it's already reached 3 feet in diameter. Watch out below!Neil Bensonhttps://www.blogger.com/profile/18269735762990766138noreply@blogger.comtag:blogger.com,1999:blog-7284169336072184992.post-79957636246108734532008-06-27T01:10:00.000-04:002008-06-27T01:10:00.000-04:00This comment has been removed by the author.Neil Bensonhttps://www.blogger.com/profile/18269735762990766138noreply@blogger.comtag:blogger.com,1999:blog-7284169336072184992.post-91446103663313867592008-06-26T21:44:00.000-04:002008-06-26T21:44:00.000-04:00Well,call me an ostrich, but I think much of this ...Well,call me an ostrich, but I think much of this is a self-correction of a VERY overinflated economy. A downturn in the economy? Absolutely! A recession? No.Danahttps://www.blogger.com/profile/05427053242655177097noreply@blogger.com