Breaking News The U.S. entered a recession in December 2007, according to the National Bureau of Eco

Breaking News The U.S. entered a recession in December 2007, according to the National Bureau of Economic Research.

www.cnn.com

This is a breaking news story and still developing, article imminent but so far we have...
The U.S. entered a recession in December 2007, according to the National Bureau of Economic Research.

(visit the link for the full news article)

This is breaking news and still developing but CNN just announced a recession is official and we have been in a recession since 2007.
When do we call it a depression?
I have to give a big duh on this one and cant believe how incompetent our government/administration and organizations really are.
I know many of you know this is not breaking news and has been ongoing but just wanted to let everyone know it is official.
So what happens now has the stock market as been tanking all day?
But as the mass media keeps telling us Black Friday sells were good so have a big sigh of relief.
Whatever!

www.cnn.com
(visit the link for the full news article)

[edit on 1-12-2008 by SEEWHATUDO]

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