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Data released by the department show that the US economy shrank by 6.1 % during the first 3 months of the year. It was the 2nd straight quarter the US economy contracted by more than 6%. The last quarter of 2008 produced a 6.3% decline - the biggest drop in 25 years.
Originally posted by Solomons
Many knowledgeable people here in the area of finance say the government plays with its numbers and the actual figure is around 11% all in all..im not an expert though,but 11% is bigger than 6% which means a worse scenario i imagine
Originally posted by ProtoplasmicTraveler
The economy is really sick!
Missery loves company so thanks to the Swine Flu striking out of Flu season you too can be sick!
Sick economy...sick people...see nothing wrong with this picture!
It's why I rub my eyes furiously until they are blood shot right before they snap my photo for my driver's lisence...see officer they look like that all the time!
It's all in the picture!