European Tribune - Comments - European Salon de News, Discussion et Klatsch

European Salon de News, Discussion et Klatsch - 25 November | 159 comments (159 topical, 0 editorial, 0 hidden)

From Krugman:

Basically, we may be in a technical recovery, but we're not recovering.

But most importantly, we now officially mark an end to the downturn that started in '08. So what ever happens from here on out is a separate "drecession." We are saved from having to talk about a "drecession" that has now drug on for over a year for at least another year. Now if they can just convince the people.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Wed Nov 25th, 2009 at 12:19:57 AM EST
[ Parent ]

Re: Economy and Finance (none / 0)

Perhaps that should be a "deprecession".

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Wed Nov 25th, 2009 at 12:24:00 AM EST
[ Parent ]

Re: Economy and Finance (none / 0)

Or "deflession"?

The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman

by dvx (dvx.clt ät gmail dotcom) on Wed Nov 25th, 2009 at 03:02:28 AM EST
[ Parent ]

Re: Economy and Finance (none / 0)

How about 'suicidal fuck-up'?

by ThatBritGuy (thatbritguy (at) googlemail.com) on Wed Nov 25th, 2009 at 06:34:37 AM EST
[ Parent ]

Re: Economy and Finance (4.00 / 2)

How about we stop looking at GDP or asset values to define "recovery" and look at employment?

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma

by Migeru (migeru at eurotrib dot com) on Wed Nov 25th, 2009 at 02:20:59 AM EST
[ Parent ]

and the quality of employment too (none / 1)

how about looking at median wages, for instance?

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Wed Nov 25th, 2009 at 05:06:10 AM EST
[ Parent ]

European Salon de News, Discussion et Klatsch - 25 November | 159 comments (159 topical, 0 editorial, 0 hidden)

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