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


To: Tenchusatsu who wrote (623893)8/11/2011 2:35:09 AM
From: Don Hurst  Read Replies (1) | Respond to of 1576823
 
Tenchusatsu...>>" Nearly minus 9% GDP "<< That is how bad it was...Maybe you recall how the bottom fell out of the auto market as just one data point.

>>" Q4 2008 shrank a whopping 8.9%"<<

2008--2009 Recession...

>>" The worst recession since the Depression. The economy shrank in five quarters, including four quarters in a row. Two quarters shrank more than 5%, and Q2 2008 shrank a whopping 8.9%, more than any other recession since the Great Depression. The recession ended in Q3 2009, when GDP turned positive, thanks to economic stimulus spending. The recession was also the longest since the Depression, lasting 18 months. "<<

useconomy.about.com



To: Tenchusatsu who wrote (623893)8/11/2011 1:03:21 PM
From: Alighieri1 Recommendation  Read Replies (1) | Respond to of 1576823
 
Minus 9% GDP?

You need to get a grip on reality before you can comment on the success (or lack thereof) of "stimulus" ...

He's right again...



Al