Friday, January 30, 2009

GDP Shrinks

Isn't this heavenly?

GDP shrinks 3.8%.

Worst economic performance since the Volcker Recession. Especially in light of this which I wrote almost a year and a half ago and my projections this recession will be worse than the Volcker Recession but not as bad as the Great Depression.

I may not be rich, I may not be popular and I may not have a job, but I'm right.
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2 comments:

  1. Anonymous9:07 AM

    Captain,

    When you find a job, I hope you will continue to post on your blog.

    By the way, the book was a great read

    ReplyDelete
  2. Anonymous10:29 AM

    Jobs are highly overrated, except on pay days or when you need medical care.

    Otherwise, they seriously interfere with gamage.

    ReplyDelete