From Boom to Doom ?

[Erik The VIking]

How interesting.

There are 1340 hits for "Homeosexuality" on google.

Against 25 million odd for the more conventional speelong.

And I was just about to get you an extra spikey helmet on special order as well

[Troll]

How interesting.

There are 1340 hits for "Homeosexuality" on google.

Against 25 million odd for the more conventional speelong.

Is there a comparable grouping for boy/boy reptiles?... please explain how you came to discover this!

[Troll]

But Brown is reporting record VAT, CT & Income tax reciepts

[Erik The VIking]

I thought yesterday was "signing on day" for you?

Now now Phoenix, thats the first post he's made that hasn't referred to Anal Fisting or Homeosexuality. Praise and encourage, praise and encourage.

[Andyw]

[Phoenix]

Nothing will change for the benefit scroungers ! they will still get their full hard earned income !

I thought yesterday was "signing on day" for you?

[Andyw]

Nothing will change for the benefit scroungers ! they will still get their full hard earned income !

[TwoWolves]

Sales at my Sister's business is down 20% over the last six months.

Clients regularly email her to say they are going out of business.

Obvious really but the sad thing is that all this could have been avoided.

[CaribbeanPirate]

Back home, I have the American business channel CNBC on the office telly all day. As they are always pointing out; economists have correctly forecast 11 out of the last 7 recessions.

However, I would probably agree that there’s a very good chance of something not quite healthy in the US economy.

[shaunbhoy]

The "recession" started in May 1997 and has been gathering pace ever since. Fortunately it seems to be reaching its last legs!!

[Francko]

WTF does a car salesman know about the economy ?

Oh well, economists too do not seem to know much more.

[Andyw]

WTF does a car salesman know about the economy ?

[AlfredJPruffock]

Floyd Norris, veteran columnist of the New York Times, has a very interesting article in Saturday's paper.


The article is entitled, "Car-Sales Indicator Suggests a Recession is Near or Already Here."

The article (and chart) shows that whenever the rate of sales by new-car dealer has dropped 2 percent or more on a year-over-year basis, we have been on the edge or actually in a recession.

The record is shown below --

Sept. 1970, index was down 2.9%, recession began 9 months earlier.
Apr. 1974, index was down 3.2%, recession began 5 months earlier
Nov. 1979, index was down 2.6%, recession started 2 months later.
Feb. 1991, index was down 2.6%, recession started 7 months earlier.
May, 2001, index was down 2.6%, recession started 2 months earlier.
June, 2006, index was down 2.4%, recession ???

Note -- many times a recession is already underway, but it is not recognized at the time.