[ExI] "recession is going to end in about 6 weeks"
brentn at freeshell.org
Mon May 4 17:01:14 UTC 2009
On 4 May, 2009, at 9:54, Rafal Smigrodzki wrote:
> On Mon, May 4, 2009 at 4:36 AM, Brent Neal <brentn at freeshell.org>
>> On 3 May, 2009, at 23:14, Rafal Smigrodzki wrote:
>>> ### He is pointing to the observations from the previous 6
>>> - did you follow the link?
>> Yes. This recession is highly deflationary, much more so than the
>> from the 70s onward, making the necessary conditions for recovery
> ### Do you have relevant references to published work by economists
> specializing in business cycle theory?
I'm sure I can dig them out. This isn't something that should be a
surprising revelation to anyone following the news. Check out, e.g.,
the PPI data over the past six months relative to other downward cycles.
Brent Neal, Ph.D.
<brentn at freeshell.org>
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