Wednesday, February 18, 2009

How did we come to this: Biography of a recession.

Sep 13, 2006 - HONG KONG (XFN-ASIA) - Global productivity is improving and an economic recession is not necessarily due next year, the International Monetary Fund's chief economist Raghuram Rajan told the Financial Times
Feb 27, 2007 - AP. HONG KONG, Feb. 26 -- Former Federal Reserve chairman Alan Greenspan warned Monday that the US economy might slip into recession by year's end
Sep 16, 2007 - Sep. 16--Credit markets are in turmoil, employment numbers are down, stock traders are nervous and the word "recession" is being mentioned in polite company for the first time in years
Dec 18, 2007 - AP. NEW YORK: Alan Greenspan thinks there is a 50 percent chance the US economy will head into a recession. Let's hope this is just another fumbled forecast by the former Federal Reserve chairman
Jan 18, 2008 - Federal Reserve Chairman Ben Bernanke and President George W. Bush have announced a plan to rescue the US economy from recession
Feb 6, 2008 - An economic survey showing that the US service sector contracted sharply in January leaves little doubt the economy is headed for recession, economists said
Apr 4, 2008 - AP. WASHINGTON: Dismal employment data released Friday is not just the latest sign the US economy is in recession, it is also a warning that this one could hurt more than the previous two.
Aug 14, 2008 - Germany and France toppled into the start of a possible recession today
Sep 24, 2008 - LJUBLJANA, Sept 24 (Reuters) - The European Central Bank does not yet view the euro zone economy as being in recession
Nov 14, 2008 - By AOIFE WHITE , 11.14.08, 06:09 AM EST. The 15 countries that use the euro are officially in a recession, the European Union said Friday
Dec 4, 2008 - Dec 4 (Reuters) - From the United States to Asian export giant Japan to European powerhouse Germany, the world's top economies are now in recession as the global financial crisis deepens.
Jan 5, 2009 - By Nigel Morris, Deputy Political Editor. The recession could last as long as two years without urgent action to boost the world economy, Gordon Brown acknowledged yesterday as Britain braced itself for a surge of new year redundancies


I have spared you many of the gory details but if you are interested blood is writ large in Google news archives

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