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August 04, 2011
CNBC describes the current state of the economy as "a rough patch." [krakatoa]
(observation of CNBC's propensity for understatement courtesy of soothsayer)
Dow down 3%, and now, I believe, negative for the year.
Employment down.
Consumer confidence down.
Real wages down.
Inflation up... etc...
5 signs you may be entering a double dip recession.
CNBC: What do you mean, wrath of God?
I'll defer to the experts:
Dr Ray Stantz: What he means is Old Testament, real wrath of God type stuff.
Dr. Peter Venkman: Exactly.
Dr Ray Stantz: Fire and brimstone coming down from the skies! Rivers and seas boiling!
Dr. Egon Spengler: Forty years of darkness! Earthquakes, volcanoes...
Winston Zeddemore: The dead rising from the grave!
Dr. Peter Venkman: Human sacrifice, dogs and cats living together... mass hysteria!
Stock up on shotguns, baseball bats, hedge trimmers & lawn-mower blades. This one is going to get bumpy.
posted by Open Blogger at
12:22 PM
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