President Barack Obama Message Board

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Politics : President Barack Obama

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To: RetiredNow who wrote (105634)	12/12/2011 7:07:20 PM
From: RetiredNow	Read Replies (2) of 149317

Thread, I've said many times we're headed to recession within the first of 2012 and have cited ECRI as an independent source. Well, now OECD has come out with their latest report of leading indicators and it shows that pretty much every country is headed for a slowdown. This is going to be a global synchronous recession. This recovery is dead. -------------------------- Latest OECD Leading Indicators: Negative By Jeff Harding, on December 12th, 2011 dailycapitalist.com The latest OECD leading indicators for October 2011 are still pointing south which has been reflected in other data they produce (especially manufacturing and exports). There is not one country of the 33 OECD nations whose economy is not indicating a slowdown: Here are the charts showing major economies:

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