Recession Anyone?

Fed Chairman Ben Bernanke said today that he thought a "recession is possible."

 

Really?  I could have sworn we were in a major boom.  I understand the Fed Chairman wanting to display confidence in the economy so as to not create even more skittish markets or prompt even further flagging consumer confidence, but at some point the reality of the economic situation and the rhetoric from the leader of U.S. monetary policy needs to match.  He's getting closer.

 

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