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Originally Posted by SuckOnThis
So your only barometer on the economy is the price of oil?
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Ummmm how about this?
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Aug. 28 (Bloomberg) -- The U.S. economy expanded faster than previously estimated in the second quarter, helped by a surge in exports that will probably wane as Europe and Japan head toward recessions.
Gross domestic product increased at a 3.3 percent annual pace, compared with the initial estimate of 1.9 percent, the Commerce Department said today in Washington. Trade contributed the most to U.S. growth in almost three decades.
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http://www.bloomberg.com/apps/news?p...d=aMuMosauQxa4
While their are problems the economy is still growing and is not in a recession much less a depression, despite the hysterical (and unsupported) claims you hear on GFY. There are problems but it is hardly on the verge of collapse.