Bernanke warns of possible U.S. recession

1fitspirit

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"WASHINGTON - Federal Reserve Chairman Ben Bernanke warned Congress on Wednesday that the U.S. economy may shrink slightly over the first half of this year, saying "a recession is possible." Yet, he did not offer any assurances of further interest rate cuts."

http://www.msnbc.msn.com/id/23917696/
 



easymoney

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I saw this speech and at no time did he say we are in 0or going to be in a resession...
 

1fitspirit

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<div class='quotetop'>QUOTE (easymoney @ Apr 2 2008, 11:02 AM) <{POST_SNAPBACK}></div>
I saw this speech and at no time did he say we are in 0or going to be in a resession...[/b]
That is correct, he said "a recession is possible".
 

easymoney

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Anything is "possible", but the only two things that are certain are taxes and death...
 

masonjarlid

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recession=the economy correcting it's self

If the goverment would leave it alone and quit bailing folks and banks out it would get over quicker.
 

chuckslayer

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...If the glass is 3/4 full..pour 1/4 out, so we can moan about it being "half empty"...
 


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