So, will Obama will get the 2010 Nobel Prize for economics to go with his
2009 Nobel Peace Prize ? Amazing!
Jack
Jack,
It doesn't take much to cause an up tick in the positively biased, nominal GDP. The transition of confidence from the public to private will follow a similar path as the Great Depression. Regardless of official proclamations, the pendulum of confidence will be pushed in one direction by the persistently sluggish economy.
Regards,
Eric
Source: marketwatch.com
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