David Rosenberg says “99% chance of Recession by 2012″
What happened to the first recession? To have another recession - aren't we supposed to have a recovery first?
And just WTF happened to the recovery. Where was it? Where did it go?
Folks, we did not experience anything like a recovery. What we had was a good forced feeding of freshly printed money. Twice!! Now the sugar high is starting to wear off.
What we are truly experiencing is the very early stages (years) of another great depression. Only this one will be called the "Greater Depression". Don't kid yourselves. Those who still doubt had better wake up, or get caught in the cross fire as you sleep walk.