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By Richard Fernandez

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The track of the storm

October 6, 2009 - 6:57 am - by Richard Fernandez
Barnabus
2009-10-06 08:14:41

don’t get too negative on the economy, at least for the next year or so. ECRI (http://www.businesscycle.com/)is a respected independent group with a decent record of forecasting economic cycles. They are currently predicting a fairly strong recovery in the U.S. This, however, says nothing of the long term implications of the dollar losing reserve status and the combined effects of the move toward socialism and raising taxes on the U.S. economy. Oh, and jobs are a trailing indicator, they won’t pick up for a while.