Tuesday, November 27, 2007

Does Anybody Still Doubt It ???

From CNNMOney: "They'll still be spending money, but it will be on credit card interest and minimum payments, not on apparel or eating out," said John Silvia, chief economist for Wachovia. He puts the chance of a recession next year at 30 percent - up from 21 percent in his previous estimate.

Deef's Recession Probability = 75%

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