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About This Page: This is a discussion on Politics within the LetsGoKings.com forums, at Los Angeles Kings Hockey Fan Forum. Bank of America buys Countrywide for 4.1 billion.
http://www.ft.com/cms/s/0/af938c9c-c...nclick_check=1
http://afp.google.com/article/ALeqM5...y7AQeltuQl6VfA
Odds of Recession Seen Rising
Economists in Survey
Predict Slower Growth,
Unemployment Increase
By PHIL IZZO
January 11, 2008; Page A2
Economists surveyed by The Wall Street Journal see increasing odds of a recession this year along with mounting inflationary pressures, an uncomfortable mix that could play a role in shaping the 2008 presidential campaign and complicate life for the Federal Reserve.
In the latest monthly survey, economists put the chance of recession at 42%, up from 38% in December and 23% just six months ago. On average, the 54 forecasters who participated see the economy expanding at less than a 2% annual rate in the first and second quarters. Last month's survey estimated 2007 growth at 2.5%.
That was pretty original Semper....keep up the good work.
Since we're paying eachother compliments here, kudos to you as well, Occifer Bad. I didn't catch a single typo there. We'll work on your grammar next year. Baby steps.