Comments | the_recession: ECRI Recession Call: New US Recession To Start By Mid Year

cieldumort in the_recession

ECRI Recession Call: New US Recession To Start By Mid Year

Feb 25, 2012 16:04

ECRI Recession Call
ECRI Stands Firm: Certain Of US Recession 2012
The Economic Cycle Research Institute, ECRI as it is more often referred to, has double downed on their recession call made last fall, and contrary to popular opinion, they now actually have more data to back it up.

ECRI's Lakshman Achuthan made the show circuit this past week ( Read more... )

recession 2012, poll, election year recessions, ecri, long leading indicators, definition of depression, lakshman achuthan, leading indicators, obama administration, recession 2011, weekly topic, 2012 presidential election, david rosenberg

Leave a comment

Back to all threads

tarot madman101 February 26 2012, 00:23:08 UTC

i don't see this as a double, or double-dip recession, but as a depression artificially/temporarilly buoyed up by bank-bail-outs, a stimulus package, $1 trillion Fed money to Euro central banks, etc.

my strong hunch is that no matter what happens, Obama will be able to play the Iran card

Re: tarot squidb0i February 26 2012, 01:23:59 UTC

Ah, but will the Iran card help or hinder him?

Re: tarot madman101 February 26 2012, 02:45:38 UTC

you'd think it would obviously hinder him - i'd tend to agree

except: i think it stacked enough, and he can play it to his advantage

this war has been in the works for years, and i think he is aware enough to see the forces pushing for it - "needing" it - so he's obviously giving the matter a lot of serious thought and planning

historically, the way the powers-that-be seek to divert attention from bad economies is to start wars

people generally fall behind their leaders when they feel threatened

if the threat is too small, THEN he'd have a rougher go at it

i think obama has always been opposed to the war, but has also played it safe politically so he might still have an enemy in Iran should he need it

it's all a bunch of manufactured crap, as far as i'm concerned. according to gerald celente, all that has to be done is to get Iran to switch to thorium reactors

Re: tarot squidb0i February 26 2012, 05:04:09 UTC

You had me up til Celente. =[

Re: tarot madman101 February 26 2012, 05:21:19 UTC

ha! you represent many, i'm sure

Re: tarot squidb0i February 26 2012, 05:50:17 UTC

You entertain my brainmeats. Homies?

Re: tarot squidb0i February 26 2012, 05:08:50 UTC

I'm skeptical of the Iran situation, but I also see that it's entirely plausible that they DO have a weapons program (more so than Iraq, the obvious parallel) and that Iran with a nuke would be a bad situation not just for Israel, but everyone. Imagine five years on when they can not only put one on one of their many ballistic missile platforms, but selling suitcase nukes to anyone that wants one?

So I wait and watch. So far, I'm 60/40 believing that this is legit, pending more info.

Re: tarot madman101 February 26 2012, 05:19:29 UTC

they would be nuts not to have a weapons plan

no Iran card needed nebris February 26 2012, 02:47:01 UTC

http://thinkprogress.org/politics/2012/02/24/432150/romney-versus-obama-speec/

Re: no Iran card needed madman101 February 26 2012, 02:51:58 UTC

i know - ha ha - things look kinda easy for obama...

i was thinking how all the crazy styles of gingrich and santorum and romney and so on... they'll only ultimately lend obama some tips on how to hone his own style

"frankly"

Re: no Iran card needed cieldumort February 26 2012, 18:37:31 UTC

Perfect bumper sticker, isn't it

Re: tarot cieldumort February 26 2012, 18:40:14 UTC

Yeah, but shit, a war with Iran. Man. I can see $200 oil. A lot of good that would do for the world economy.

Back to all threads