| Subject: | FWC: Dispelling Confusion About U.S. Growth Prospects by ECRI |
|---|---|
| Date: | Thu, 24 Jun 2010 12:09:26 -0700 |
| From: | Jas Jain |
Dispelling Confusion About U.S. Growth Prospects by ECRI
June 21, 2010
(ECRI) - There currently exists a great deal of confusion about what seemingly contradictory economic indicator readings mean for the U.S. economy. While some analysts believe a double-dip recession is imminent, others think that economic growth is likely to remain strong. A detailed study from ECRI, based on reliable leading indexes that have correctly predicted past recessions and recoveries, dispels the confusion and arrives at a definitive conclusion.
http://www.businesscycle.com/news/reports/1866/
The last sentence, my emphasis, is clearly a lie and no one should be surprised that Guru Lakshman Achuthan of ECRI is intellectually dishonest. His mentor, Geoffrey Moore, the founder of ECRI, was an honest man, but those were different times in America. Now dishonest men and women have taken over most of the institutions, not just the Congress, the White House and Wall Street. Intellectual dishonesty is rampant in America during its declining years. People lie to cover up their failures, including false beliefs and bad forecasts.
Jas
- March 19, 2010 ECRI on Inflation & Economic Recovery
- July 31, 2009: ECRI Predicts End of Home Price Downturn
- July 21, 2009: ECRI Predicts The End of the Recession is Imminent
- April 3, 2009: Upturn in ECRI's WLI Growth Rate Says US Business Cycle Recovery Ahead
- March 28, 2008: ECRI Calls it "A Recession of Choice"
- January 05, 2008 ECRI Says Fed Has Room To Cut Rates Despite Fears of Inflation
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