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Sunday 25 July 2010

Happy Days are here again!................from Rico

The attached chart is 'proof' that the Great Recession is OVER! That 'Happy Days' are here again!

Oh, well, if you completely ignore the sharply ascending blue line just to the right of the 'shaded' area (which denotes recession) above 2010...in the light area (which denotes NO recession).

For my pilot* friends, the rising blue line seems to indicate that our economy may soon reach the "coffin corner" and stall out completely.

Not exactly the CHANGE that some had HOPEd for, is it?

*Non-pilots should go to Wikipedia or Google for an explanation of the "coffin corner" aka "Q-corner" and what the result is...

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