Wednesday 12 November 2008

The Worst Economy Since…

Let's Clarify "The Worst Economy Since...." Debate - Seeking Alpha

The graph above puts all the talk about “the worst economy since …” into perspective. The current unemployment in the US is at 6.5% and the consensus is that it will go to 6.8% next year. Even at 7% it is only slightly comparable to some previous crises.

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