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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (381560)	4/30/2008 1:26:05 PM
From: michael97123	Respond to of 1573228

Actually we have sort of a bifurcated recession underway. Real estate, consumers, financial services are in the tank. Exports and international sales keeping us afloat a long with help from the FED. Traditional definitions of recession are meaningless is such and environment. With all the stimulus we should stay out of recession for the time being but after the tax rebates and the results of 2% interest rates wane at the end of the year, the experts are split on whether there might be a second leg down and another lousy christmas.

To: bentway who wrote (381560)	4/30/2008 1:51:08 PM
From: Tenchusatsu	Respond to of 1573228

Chris, > OK, the "official" highly manipulated numbers tell us we're .6 ABOVE recessionary levels. Is that GOOD? I still believe we're due for a recession, but I think there are many people out there who want one to start on their time. This includes Merrill Lynch, who I suspect has already positioned themselves accordingly, as well as the Democrats, who go all over blue-collar America paraphrasing the Reagan line, "Are you better off now than you were eight years ago?" Tenchusatsu