Thread: US economy set to explode?
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Old 08-11-2003, 10:56 AM  
ADL Colin
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Quote:
Originally posted by Colin


Consider the July 1990-March 1991 contraction. The annual change in MZM was ACCELERATING throughout the entire recession and continued to increase until 1994 as the economy was gaining steam.
Be more accurate to say it was accelerating coming out of the recession.
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