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The U.S. entered a recession in December 2007, according to the National Bureau of Economic Research.
http://www.funnyeconomist.com/dec2008.pdf
http://www.funnyeconomist.com/dec2008.pdf
"The problem with socialism is you eventually run out of other people's money" - Margaret Thatcher "The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design" - F.A. Hayek
1 comment:
Here is another installment in a seemingly endless blame game - this time the crisis is supposed to have started in 2005 with deregulation ...
http://www.msnbc.msn.com/id/28001417/
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