PDA

View Full Version : will the recession end in 09


actsnoblemartin
03-15-2009, 07:03 PM
http://news.yahoo.com/s/ap/20090315/ap_on_bi_ge/bernanke60_minutes

Fed chief Bernanke: recession could end in '09

WASHINGTON – America's recession "probably" will end this year if the government succeeds in bolstering the banking system, Federal Reserve Chairman Ben Bernanke said Sunday in a rare television interview.

In carefully hedged remarks in a taped interview with CBS' "60 Minutes," Bernanke seemed to express a bit more optimism that this could be done.
Binky
03-16-2009, 03:03 PM
I saw that show and am not convinced that it'll be all over by the end of the year or even the following one. This is going to be a l...o....n....g one. Ugh!
avatar4321
03-16-2009, 03:28 PM
I have no doubt the Recession will end this year.

What Im not sure about is whether it will end because of a recovery or because we have slid into a Depression.
Binky
03-16-2009, 03:43 PM
I have no doubt the Recession will end this year.

What Im not sure about is whether it will end because of a recovery or because we have slid into a Depression.


:laugh2: Just had to chuckle over that last line. :laugh2: Unfortunately, we are damn near in a depression now. Sooner or later it'll end. But it ain't gonna be anytime soon.