Friday, January 30, 2009

GDP Shrinks

Isn't this heavenly?

GDP shrinks 3.8%.

Worst economic performance since the Volcker Recession. Especially in light of this which I wrote almost a year and a half ago and my projections this recession will be worse than the Volcker Recession but not as bad as the Great Depression.

I may not be rich, I may not be popular and I may not have a job, but I'm right.

2 comments:

Anonymous said...

Captain,

When you find a job, I hope you will continue to post on your blog.

By the way, the book was a great read

Anonymous said...

Jobs are highly overrated, except on pay days or when you need medical care.

Otherwise, they seriously interfere with gamage.