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To: stormrider1 who wrote (600)2/26/2007 1:26:33 PM
From: LTK007  Read Replies (1) | Respond to of 694
 
<<Former U.S. Federal Reserve Chairman Alan Greenspan warned Monday that the American economy might slip into recession by year's end.>> General rule if Greenspan uses the "might" word on a negative projection one can say he means "i am certain" we are heading into a recession"
He seems to be hinting at the "Echo Bubble" that Mish speaks of, such that the echo is coming to an end. Max