I didn't know what that phrase really meant, until I started seeing all the bottom-callers saying this recession is over.
a) it's a depression
b) it's not over, it's getting less-bad if you look at some metrics.
c) the numbers' "turning up" is based on speculation or greed, not fundamentals.
d) a cat fell far enough to die when it hit the ground. Now we are watching it bounce.
e) it will come back down, when the stimulus stimulation wears off.
I thought I had posted about this weeks ago, but I guess not. Stand by to stand by, and BOHICA. This economic depression is not over.
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