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Maybe It's a Language Problem?

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Michael J. Panzner
Financial Armageddon
Published : August 24th, 2012
61 words - Reading time : less than a minute
( 2 votes, 5/5 ) , 1 commentary
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FOLLOW : Recession Recovery
Disclaimer
Category : Crisis Watch

 

 

 

 

But, but, but...I thought things were supposed to get better during a "recovery"?


"Household Income Fell More in Recovery Than During Recession" (Washington Post)


Annual median household income is struggling to recover after the most recent recession. Although it has gone up from its low in August 2011, it is still 7.2 percent below the December 2007 level.




Michael J. Panzner 

 




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Michael J. Panzner is a 25-year veteran of the global stock, bond, and currency markets and the author of Financial Armageddon: Protecting Your Future from Four Impending Catastrophes, published by Kaplan Publishing.
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Gypsy   8/25/2012 at 5:07 PM GMT
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You're SO RIGHT this time Panzner. In the Freedonia (Wall Street Derivative Nation) language, the word RECOVERY is pronounced Wreck-Hovery. The Freedonia definition is: 1. The suspension - as in hovering in the air - of rules governing theft/embezzlement/fraud or 2. Vultures, hyena, mice, banksters and other Scavenger Species amassing and eating what APPEARS to be alive ~ but is, indeed, dead.
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You're SO RIGHT this time Panzner. In the Freedonia (Wall Street Derivative Nation) language, the word RECOVERY is pronounced Wreck-Hovery. The Freedonia definition is: 1. The suspension - as in hovering in the air - of rules governing theft/embezzlem  Read more
Gypsy - 8/25/2012 at 5:07 PM GMT
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