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Quote:"Research from the Federal Reserve finds that that since 1947, when two-quarter annualized real GDP growth falls below 2 percent, recession follows within a year 48 percent of the time. (And when year-over-year real GDP growth falls below 2 percent, recession follows within a year 70 percent of the time.
// Just FYI, this mean the US has about a 50/50 chance of slipping into another official recession.
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Filed under: Uncategorized | Comments Off on links for 2011-07-30